DealBook – As the head of JPMorgan Chase‘s investment bank, James E. Staley helped the company navigate the thicket of new regulations that emerged after the financial crisis.
Now, he is betting that those regulations present an investment opportunity. Mr. Staley, who left JPMorgan this year to join the hedge fund BlueMountain Capital Management as a managing partner, said on Tuesday that European banks would have to adapt as regulators remained concerned about the problem of too-big-to-fail lenders.