ADVFN - Advanced Financial Network.
HOME» NYSE » J » JPM Stock Price » JPM Stock News

Jp Morgan Chase Share News

 Jpmorgan Chase & Co. Stock Price
JPM Stock Price
 Jpmorgan Chase & Co. Stock Chart
JPM Stock Chart
 Jpmorgan Chase & Co. Stock News
JPM Stock News
 Jpmorgan Chase & Co. Company Information
JPM Company Information
 Jpmorgan Chase & Co. Stock Trades
JPM Stock Trades

Major Banks Raise Concerns Over New Rules With Fed's Tarullo

WASHINGTON -(Dow Jones)- Top executives from six major banks on Wednesday discussed concerns over new industry rules with Federal Reserve Gov. Daniel Tarullo, the Fed said in a summary of the meeting. The chief executives of Goldman Sachs Group Inc. (GS), U.S. Bancorp (USB, J.P. Morgan Chase & Co. (JPM), Morgan Stanley (MS), State Street Corp. (STT) and Bank of America Corp. (BAC) talked about the Fed's 2012 capital analysis and raised fears that new regulations would constrain their industry, the Fed said. The Fed said Tarullo told the executives that their comments would be considered part of the rule-making process under the Dodd-Frank Wall Street Reform and Consumer Protection Act. Specifically, the banking officials said they were worried the new rules would overstate credit risk for some transactions and would establish more stringent credit exposure limits for the largest financial firms, according to the Fed. The banks are also worried about the extent to which the alternatives to credit ratings could overstate the risk of some of their assets. The industry officials repeated fears that a rule restricting some financial firms, including hedge and private equity firms, from proprietary trading would "constrain market-making activity" and the depth of some financial markets. Furthermore, the bank executives said they are worried the new rules could damage their international competitiveness. -By Ian Talley, Dow Jones Newswires, 202-862-9285; ian.talley@dowjones.com

Stock News for Jp Morgan Chase (JPM)
DateTimeHeadline
12/19/201409:33:31UK Public Finances Get Boost From Forex Fines--Update
12/18/201423:16:12How a Memo Cost Big Banks $37 Billion
12/18/201419:45:18Mobile's Rise Poses a Riddle for Banks
12/18/201419:10:47Goldman's Waldron to Replace Weinberg as Co-Head of Investment...
12/18/201418:14:34Fed Gives Banks More Time to Sell Private-Equity, Hedge-Fund...
12/18/201417:42:01Fed Gives Banks More Time to Sell Private-Equity, Hedge Fund...
12/18/201415:40:20Fed Gives Banks More Time to Sell Private-Equity, Hedge Fund...
12/18/201415:30:44Fed Gives Banks More Time to Sell Private-Equity, Hedge Fund...
12/17/201411:11:54OnDeck Capital Surges Above $20 IPO Price
12/16/201420:03:20Earnings Outlook Poor for Banks as Jefferies Swings to Loss...
12/16/201418:56:11Earnings Outlook Poor for Banks as Jefferies Swings to Loss...
12/15/201422:24:13Office-Sharing Startup WeWork Wins $5 Billion Valuation
12/15/201413:18:24Qatar Fund Buys HSBC's London HQ
12/15/201413:16:04Qatar Fund Buys HSBC's London HQ -- Update
12/15/201413:11:21Qatar Fund Buys HSBC's London Headquarters
12/14/201420:54:35Junk-Bond Worries Spread Beyond Oil
12/12/201400:05:45Finra Fines 10 Banks Over Their Pursuit of an IPO's Business...
12/11/201417:40:17Finra Fines 10 Banks Over Their Pursuit of an IPO's Business...
12/11/201414:00:33Correction to J.P. Morgan Manager Joins Bitcoin Startup Article
12/11/201412:15:33Finra Fines 10 Firms Over Coverage Of Toys 'R' Us IPO -- 3rd...

Jp Morgan Chase and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad