JPMorgan Chase CEO Jamie Dimon says looser guidelines didn’t trigger current financial institution failures

JPMorgan Chase & Co. CEO Jamie Dimon mentioned a rollback of banking rules through the Trump administration was to not blame for the current U.S. financial institution failures, partially two of an interview with Mahaz News.

Dimon mentioned U.S. senators which have pointed to the lighter regulation for smaller banks launched in 2018 as an element within the blow-up of Silicon Valley Bank and Signature Bank are mistaken.

“Those…

Source web site: www.marketwatch.com

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