J.P. Morgan's Dimon: Regulators Close To Solving Too-big-to-fail

MarketWatch Pulse

Regulators are close to solving the problem of too-big-to-fail financial institutions, said J.P. Morgan Chase & Co chairman and CEO Jamie Dimon on Friday. At a forum sponsored by the Institute of International Finance, Dimon and Brian Moynihan, the chairman and CEO of Bank of America, said they expected regulators to next turn their attention to the growing shadow banking sector.

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