Analysis, Regulation & Supervision, Shadow Banking

US bank execs decry ‘excessive’ calls for more capital

By Natasha Teja
Jamie Dimon, chairman and chief executive officer of JPMorgan. Image: Bloomberg

Bank chiefs have hit out at a new capital rule proposal which will make loans more expensive for borrowers and give shadow banks an unfair advantage.

The Federal Deposit Insurance Corporation released a rule proposal on July 27 that would usher in increased capital requirements for banks holding ...

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