Global Bank Rules ‘Anti-US’: JPMorgan CEO

A new set of international banking regulations are “anti-American,” the CEO of JPMorgan Chase tells the Financial Times —so much so that the US should seriously consider quitting the regulatory group that set the rules. The Basel group’s new regulations require banks to balance risk-taking by accumulating special capital equal…

See the article here:
Global Bank Rules ‘Anti-US’: JPMorgan CEO

Posted by on September 12, 2011. Filed under News, World News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.