A group of U.S. bankers has told top Federal Reserve officials that regulators’ focus on restraining bankers’ pay is creating “unnecessary tension.” At a meeting…
US Bancorp CEO Shows Dimon How to Make Money: Riskless ReturnBloombergInvestment banks including JPMorgan Chase & Co. (JPM), which last month announced a $2 billion trading loss, Citigroup Inc. and Bank of America Corp. (BAC) ranked near the bottom…