By Nupur Anand
NEW YORK (Reuters) – JPMorgan Chase CEO Jamie Dimon blasted stricter capital rules proposed by U.S. regulators, telling investors on Monday that they could prompt lenders to pull back and stymie economic growth.
“I wouldn’t be a big buyer of a bank,” Dimon said at a conference in New York, drawing laughter from the audience. “I’d be no better than equal weight.”
(Reporting by Nupur Anand; editing by Lananh Nguyen, Megan Davies and Jonathan Oatis)
