{"id":85312,"date":"2023-07-17T00:59:08","date_gmt":"2023-07-17T04:59:08","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=85312"},"modified":"2023-07-17T00:45:30","modified_gmt":"2023-07-17T04:45:30","slug":"dimon-says-private-equity-giants-are-dancing-in-the-streets-over-tougher-bank-rules","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2023\/dimon-says-private-equity-giants-are-dancing-in-the-streets-over-tougher-bank-rules.html","title":{"rendered":"Dimon says private equity giants are \u2018dancing in the streets\u2019 over tougher bank rules"},"content":{"rendered":"\n<p>(CNBC) <a href=\"https:\/\/www.cnbc.com\/quotes\/JPM\/\">JPMorgan Chase<\/a> executives warned Friday that tougher regulations in the wake of a trio of bank failures this year would raise costs for consumers and businesses, while forcing lenders to exit some businesses entirely. When asked by <a href=\"https:\/\/www.cnbc.com\/quotes\/WFC\/\">Wells Fargo<\/a> analyst Mike Mayo about the impact of changes proposed by Federal Reserve Vice Chair for Supervision <a href=\"https:\/\/www.cnbc.com\/michael-barr\/\">Michael Barr<\/a> in a <a rel=\"noreferrer noopener\" href=\"https:\/\/www.wsj.com\/articles\/feds-barr-says-nations-biggest-banks-need-more-capital-abf3bee8\" target=\"_blank\">speech<\/a> earlier this week, JPMorgan CEO <a href=\"https:\/\/www.cnbc.com\/jamie-dimon\/\">Jamie Dimo<\/a>n said that other financial players could end up winners.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/07\/14\/dimon-apollo-blackstone-tougher-bank-rules.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) JPMorgan Chase executives warned Friday that tougher regulations in the wake of a trio of bank failures this year would raise costs for consumers and businesses, while forcing lenders to exit some businesses entirely. When asked by Wells Fargo [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-85312","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85312","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=85312"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85312\/revisions"}],"predecessor-version":[{"id":85313,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85312\/revisions\/85313"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=85312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=85312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=85312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}