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2026-07-15 08:40:11
[Dimon Clashes with New Bank Capital Rules: Unfair, Stop Fake Numbers] (1) JPMorgan Chase CEO Jamie Dimon on Tuesday explicitly opposed the practice of U.S. bank regulators artificially raising capital requirements, reiterating his previous stance that the new rules would impose an unfair burden on his bank. He argued that if regulators believe capital needs to be increased, they should make reasonable demands directly, rather than artificially inflating figures through complex calculations. (2) During the quarterly earnings call, Dimon accused the revised capital calculation proposal of being "unfair," arguing that it clearly disadvantages JPMorgan Chase and other large conglomerates, while benefiting large Wall Street trading firms and further exacerbating the competitive imbalance. (3) Although the latest draft is widely considered to be more favorable to the banking industry than the original 2023 version, JPMorgan Chase's internal calculations show that under the new rules, the bank's capital requirements will still increase by about 4%, while competitors' capital requirements will decrease by an average of 4.8%. This comparison highlights the deepening divergence between the bank and regulators.
