JPMorgan CEO Jaime Dimon called new plans for more stringent capital rules 'hugely disappointing'
Chief Executive Officercalled new plans for more stringent capital rules “hugely disappointing” days after US regulators released the long-awaited proposals.
The measures will make certain activities such as mortgages and small-business lending harder for banks, Dimon said Wednesday in a CNBC interview. JPMorgan “is going to adjust for it,” but Dimon said he’s “not sure it’s the right thing for America.”
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