BIG BANKS TWEAK BUSINESS PLANS TO AVERT NEW REGULATOR COSTS

WSJ- Five of the country’s biggest banks detailed tweaks to their business models in hopes of persuading regulators they could absorb significant financial distress without requiring taxpayer funds to stay afloat. The stakes are high for J.P. Morgan Chase & Co., Bank of America Corp., and three others. If regulators deem these revisions of their […]

Source: Stopforeclosurefraud – BIG BANKS TWEAK BUSINESS PLANS TO AVERT NEW REGULATOR COSTS

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