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Sen. Vitter: Banks Need 'Systemic Reform' -CNBC

Sen. David Vitter (R., La.), who questioned J.P. Morgan Chase & Co. (JPM) Chief Executive James Dimon in a Senate hearing Wednesday, believes the largest banks need "systemic reform", he said in an interview on CNBC. He added that while it's impossible to know if the pending Volcker rule will be successful in reining in banks from making dangerous trades, raising banks' capital requirements would be a good starting point. The lawmaker also said he was "nervous" about the Federal Reserve keeping interest rates near zero, citing inflation risks. Website: www.cnbc.com Write to nymonitoring@dowjones.com

Stock News for Jp Morgan Chase (JPM)
DateTimeHeadline
10/21/201417:47:33Global X, J.P. Morgan to Launch Tactical ETFs
10/21/201417:46:49Global X, J.P. Morgan to Launch Two Tactical ETFs -- Update
10/21/201417:24:48J.P. Morgan Fined $92 Million by EU
10/21/201417:16:45NY Fed Overlooked J.P. Morgan "London Whale"
10/21/201417:16:11New York Fed Failed To Examine J.P. Morgan 'London Whale' Unit
10/21/201417:14:20JPMorgan Fined by EU Over Rate Rigging, Cartel
10/21/201417:03:28European Stock Markets Jump -- 2nd Update
10/20/201416:09:27Morgan Stanley Hires from Merrill, J.P. Morgan, UBS -- Street...
10/17/201420:26:15Big Banks Start Charging Clients for Euro Deposits -- 2nd Update
10/17/201416:14:09Big Banks Start Charging Clients for Euro Deposits -- Update
10/15/201417:05:13MARKET SNAPSHOT: U.S. Stocks Cut Losses In Harrowing, Volatile...
10/15/201416:19:10Ebola, Oil Slump Taking Toll on African Sovereign Bonds
10/15/201414:50:29MARKET SNAPSHOT: U.S. Stocks Plummet As Selling Intensifies
10/14/201418:50:07Three Senior Traders Fired Amid Global Forex Probe
10/14/201417:34:58MARKET SNAPSHOT: U.S. Stocks Rise Amid Upbeat Earnings
10/14/201417:34:45J.P. Morgan Legal Expenses Include Estimate for Forex Settlement
10/14/201417:33:08U.S. Hot Stocks: Hot Stocks to Watch
10/14/201417:26:48MARKET SNAPSHOT: U.S. Stocks: Futures Climb As Citi, J&J Earnings...
10/14/201412:36:27MARKET SNAPSHOT: U.S. Stocks: Futures Climb As JPM Reports, Citi...
10/14/201410:23:56MARKET SNAPSHOT: U.S. Stocks: Futures Flat As JPM, Citi Earnings...

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