Home Banking & Finance Volcker: Banks becoming “too big to manage”

Volcker: Banks becoming “too big to manage”


The chairman and chief executive of the country’s biggest bank sidestepped questions from Congress earlier this week about the events that led to more than $2 billion in losses for a London-based trading unit of JPMorgan Chase & Co. Jamie Dimon told the Senate Committee on Banking, Housing and Urban Affairs that traders belonging to…

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