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Dimon rolls trading dice with excess capital
https://riskyfinance.com/2024/06/dimon-rolls-trading-dice-with-excess-capital/
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Tagged with:
banks
federal reserve
jp morgan
bank capital
basel rules
share buybacks
stress tests
The Fed softened its stress tests, which freed up bank capital, then came the Basel Endgame which would eat it all up again. Now, with the Endgame in doubt, JP Morgan has deployed its excess capital in trading bets
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