JPMorgan Warns New Capital Rules Could Tie Up $20 Billion
Updated
Updated · Bloomberg · Apr 14
JPMorgan Warns New Capital Rules Could Tie Up $20 Billion
21 articles · Updated · Bloomberg · Apr 14
JPMorgan Chase has criticised new US regulatory proposals that could require the bank to hold an additional $20 billion in capital.
CEO Jamie Dimon and CFO Jeremy Barnum argue the rules are miscalibrated and could unnecessarily restrict funds available for lending and investment.
While revised Basel III and G-SIB surcharges may free up capital for some banks, JPMorgan warns the proposals could disadvantage large US lenders and impact market competitiveness.
Will softened US capital rules truly free up billions, or just mask persistent industry concerns about economic impact?
Can US and European regulators ever truly harmonize capital rules, or is divergence the new global norm?
If G-SIB surcharges are 'broken,' what is the fair cost for being a globally systemically important bank?
With 'reputation risk' removed, what new regulatory tools will ensure banks act in the public's best interest?
Beyond capital, how will AI's 'largest risk' status fundamentally reshape banking's operational risk landscape?
Are European regulators' FRTB delays a tactical retreat or a necessary pause to maintain global competitiveness?