2min chapter

Patrick Boyle On Finance cover image

Jamie Dimon Warns Banking Crisis 'Is Not Yet Over!'

Patrick Boyle On Finance

CHAPTER

The Fed's Overlook of Wall Street Banks

Silicon Valley Bank and Signature Bank were exempt from most of the toughest regulatory measures that banks in the developed world have to deal with. Jamie Diamond cautions that erratic stress test capital requirements damages the banking system without making it safer. The Federal Reserve tightened its oversight of big Wall Street banks in response to the 2008 financial crisis.

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