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
11/25/201419:10:24Regulators Give Passing Grade to Wells Fargo Plan on Theoretical...
11/25/201415:50:30Frontier Bond Sales Poised for Buoyant Year-End -- 2nd Update
11/25/201407:51:43African Bond Sales Poised for Buoyant Year-End -- Update
11/21/201417:45:08Lawmakers Lambaste New York Fed Chief on Lax Oversight -- Update...
11/21/201411:00:11Tarullo Says Regulators Looking at Banks' Commodities Activities
11/20/201420:10:38Banks Face Senate Grilling on Commodity Deals
11/20/201419:50:06Alibaba Becomes Wall Street's Favorite Customer -- 3rd Update
11/20/201419:41:27Banks Face Senate Grilling on Commodity Deals: Update
11/20/201413:34:10Goldman Faces Senate Grilling on Aluminum Deals
11/19/201420:40:24Bank Payouts for Government-Job Takers Under Fire
11/19/201418:40:21Regulators' Clarification Still Sows Banks' Unease
11/19/201417:32:38Senate Report Says Banks Gained Unfair Advantages in Commodity...
11/19/201413:00:09DOJ Collected Record $24 Billion in Fiscal 2014
11/19/201412:34:49Justice Department Collected Record $24 Billion in Fiscal 2014
11/18/201419:55:17Goldman Hits Mother Lode on Deals
11/17/201409:29:24J.P. Morgan, Sears Canada Credit-Card Deal to End Next Year
11/13/201412:06:41Reichhold Seeks January Auction With Lead Bid From Bondholders
11/12/201417:34:45MARKET SNAPSHOT: U.S. Stocks Snap 5-day Winning Streak
11/12/201417:17:09LONDON MARKETS: Banking Stocks, Sainsbury Put Pressure On FTSE...
11/12/201417:09:37OCC Fines Citigroup, J.P. Morgan, Bank of America Over Foreign...

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