Dimon Says Banks to Have More Capital Than They Can Use

Jamie Dimon, the chief executive officer of JPMorgan Chase & Co. (JPM), said banks are accumulating more capital than they need as regulators push lenders to build equity. “I don’t think it’s just JPMorgan,” Dimon said yesterday at a conference discussing the New York-based company, which disclo…

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Dimon Says Banks to Have More Capital Than They Can Use

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