THE Federal Reserve and two other US regulators are moving towards a new plan that would significantly reduce a nearly 20 per cent mandated increase in capital for the country’s biggest banks following lobbying efforts by industry CEOs like JPMorgan Chase’s Jamie Dimon, The Wall Street Journal reported on Sunday (May 19).
Source link
The NY Journals pride themselves on assembling a proficient and dedicated team comprising seasoned journalists and editors. This collective commitment drives us to provide our esteemed readership with nothing short of the most comprehensive, accurate, and captivating news coverage available.
Transcending the bounds of New York City to encompass a broader scope, we ensure that our audience remains well-informed and engaged with the latest developments, both locally and beyond.
© 2024 The New York Journals. All Rights Reserved.
