Daily News, Dodd-Frank, Issuing & Acquiring, Processing & Systems, Regulation, too big to fail, US financial institutions, US financial regulations -

US set to relax rules for banks – too big to fail problem solved

Jamie Dimon, the CEO of JP Morgan Chase has come out in support of Donald Trump’s move to relax financial regulations, saying that the slew of new rules put in place since the crisis has essentially “solved” the problem of banks being “too big to fail”. In Dimon’s annual letter to shareholders, the chairman and chief [...]

The post US set to relax rules for banks – too big to fail problem solved appeared first on Payments Cards & Mobile.