Jamie Dimon slams US regulators: 'It's time to fight back' [Yahoo! Finance]
First Citizens BancShares, Inc. - Class A (FCNCA)
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Source: Yahoo! Finance
The boss of the biggest boss in the US called a raft of regulatory proposals from his overseers as "an onslaught," criticized Consumer Financial Protection Bureau (CFPB) director Rohit Chopra and made it clear the industry is willing to push back on new rules in court. "It's time to fight back," Dimon said while speaking at an American Bankers Association convention in New York City. "I've had it with this sh*t." "We don't want to get involved in litigation just to make a point," he added, "but I think if you're in a knife fight you better damn well bring a knife." The comments offered the latest example of how the biggest banks in the US are getting bolder about confronting their overseers Last week the Bank Policy Institute, a bank lobbying group, and the Kentucky Bankers Association sued the CFPB over a new open banking rule that would make it easier for consumers to transfer their personal data between financial services providers. The banking organizations used their l
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FCNCA
Earnings
- 10/24/24 - Miss
FCNCA
Sec Filings
- 11/14/24 - Form SC
- 11/7/24 - Form 10-Q
- 11/6/24 - Form 144
- FCNCA's page on the SEC website