Increased Regs Paining Banks, Profiting Lawyers

The quarterly loss that JPMorgan Chase recently took as a result the $9.2 billion it set aside for mounting legal expenses is emblematic of the pain regulatory agencies' stepped-up oversight is causing banks. Its also creating a boon for many of the nation's most sophisticated law firms, according the New York Times' DealBook.

Read more...

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.