JPMorgan Chase’s CEO has been whining about capital requirements for years, from jibes about “gold plating” by smart American regulators to this week’s tantrum about the Basel Endgame proposals from Fed Vice Chair Michael Barr. Tougher capital requirements make the system stable and bankers less wealthy, though they
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Another Dimon Tantrum on Bank Capital
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JPMorgan Chase’s CEO has been whining about capital requirements for years, from jibes about “gold plating” by smart American regulators to this week’s tantrum about the Basel Endgame proposals from Fed Vice Chair Michael Barr. Tougher capital requirements make the system stable and bankers less wealthy, though they