CEO of US’ largest bank JPMorgan CEO says ‘it’s time to fight back as things are becoming …’

JPMorgan Chase CEO Jamie Dimon has launched a scathing attack on several major US financial regulatory initiatives, vowing to oppose those he deems harmful and ineffective. “It’s time to fight back,” Dimon said at a conference. Many banks are afraid to “fight with their regulators, because they would just come and punish you more,” he added.