The CEO of JPMorgan Chase (NYSE: ) who just lately took over has failed First Republic Financial institution (OTC:) – believes that United States banks may expertise extra ache if the Federal Reserve goes into disaster mode because of extreme regulation.
on Bloomberg TV interview Might 11 Jamie Dimon, chairman and CEO of JPMorgan Chase, mentioned he believes “banks can be worse off” until the Federal Reserve takes proactive measures past simply creating extra laws.
Proceed studying Coin Telegraph.
