You are here
Fed shows preference for traditional banks with US$22b call on JPMorgan
IN publicly declaring that JPMorgan Chase should raise US$22 billion, the Federal Reserve has delivered a hard blow to the largest US bank and shown its preference for traditional banks.
The central bank unveiled on Tuesday a new, tougher capital rule for eight big US
- CALL +65 6388 3838
- EMAIL email@example.com