WASHINGTON — While saying JPMorgan Chase & Co. had enough capital already to comply with new Basel III requirements, Jamie Dimon, the bank's chairman and chief executive, said Tuesday that regulators had gone too far in crafting the international capital accord.

Speaking to the Council of Institutional Investors, Dimon delivered his harshest assessment yet of Basel III, arguing that regulators are "getting extreme and excessive."

Register or login for access to this item and much more

All Bank Investment Consultant content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access