Could excessive regulation make bank stocks uninvestable?
JP Morgan's EMEA CFO says capital requirements will mean banks lose business to non-banks
The growing burden of capital rules alongside broader regulation is threatening to make bank stocks uninvestable, a senior European executive at JP Morgan told conference-goers in London.
“There is a certain irony in that, seeking to improve the safety and soundness of the banking system, the current environment threatens the attractiveness of the industry to investors,” said Anna Dunn, the bank’s Europe, Middle East and Africa chief financial officer. Dunn was speaking at the S&P Global
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