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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
04/16/201420:08:00Treasury Turns Its Gaze to Municipal-Bond Market
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04/14/201416:42:11MARKET SNAPSHOT: Stocks Rebound; Nasdaq Erases Late Swoon
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04/11/201419:34:30Fortunes Shift for Wells Fargo, J.P. Morgan
04/11/201418:00:51MARKET SNAPSHOT: Stocks Suffer Big Weekly Loss; Nasdaq Below...
04/11/201416:32:17MARKET SNAPSHOT: U.S. Stocks Extend Fall; S&P On Pace For 2...
04/11/201416:31:43EUROPE MARKETS: European Stocks Extend Selloff, Notch Weekly...
04/11/201415:36:20Wells Fargo's Profit Climbs -- 4th Update
04/11/201413:04:46EUROPE MARKETS: European Stocks Extend Selloff, Head For Weekly...
04/11/201411:27:09MARKET SNAPSHOT: U.S. Stocks Extend Fall; S&P Set For 2% Weekly...
04/11/201409:46:50Wells Fargo's Profit Climbs -- 2nd Update
04/11/201409:40:43U.S. Hot Stocks: Hot Stocks to Watch
04/11/201408:20:08J.P. Morgan Results Miss Estimates
04/11/201408:00:08Carlyle Names New Head of Private Client Group
04/11/201407:50:59J.P. Morgan's Profit Slides As Revenue Also Declines

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