Finance
Wall Street Bosses Lash Out Over Proposals for Higher Capital
- Dimon, Solomon don’t mince words reacting to the US plan
- Some executives hold out hope regulators are open to talks
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It’s not unusual for Wall Street executives to be annoyed by new rules. They rarely make it this obvious.
At a normally staid annual gathering hosted by Barclays Plc this week, the industry’s top brass took turns panning a proposal that would force them to hold more capital.