By Tatiana Bautzer and Nupur Anand
NEW YORK (Reuters) – JPMorgan Chase CEO Jamie Dimon blasted several major regulatory initiatives on capital rules, card payments and open banking at a conference on Monday.
Dimon said many banks are afraid to “fight with their regulators, because they would just come and punish you more,” he said. “It’s time to fight back.”
(Reporting by Tatiana Bautzer and Nupur Anand in New York; editing by Jonathan Oatis)
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