U.S. Should Consider Withdrawing From Basel, Dimon Tells FT
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JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said the U.S. should consider withdrawing from the Basel group of global regulators and that new international capital rules are “anti-American,” according to the Financial Times.
“I’m very close to thinking the United States shouldn’t be in Basel anymore,” Dimon said in an interview, the newspaper reported today. “I would not have agreed to rules that are blatantly anti-American.”