Dimon Says European Regulators Should Let Banks Do Their Job
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European bank regulators should get out of the way and let banks there “do their job,” JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said.
“They did the stress tests and most of the banks did fine,” Dimon, 60, said Monday in a CNBC interview from California during the company’s annual bus tour. “Continue pounding them and changing the rules and requirements is not good for the people of those countries, because you’re destabilizing a financial system.”