Dimon Says Stringent Capital Requirements Are Impeding US Growth And US Banks Should Not Be Held To International Standards Hot

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US banks are lending the smallest portions of their deposits in five years. Cash is flooding in from savers, demand has been dampened by the economy, and regulatory efforts increase.
The average loan-to-deposit ratio fell to 84% in the fourth quarter of 2012 from 87% in 2011 and 101% in 2007.
Meanwhile, banks are cutting mortgage staff and community banking staff excluding home lending throughout the balance of this year.
Dimon noted that the Federal Reserve’s efforts to better equip banks to withstand another financial crisis is patterned after international standards that are impeded growth in the American economy.


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