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CEO of Morgan Stanley Worries About New Bank Regulation

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James Gorman, CEO of Morgan Stanley, worries that new regulation requiring banks to hold too much capital in the wake of the financial crisis could have detrimental effects on profits. These regulations put limits on how much banks can risk through trading. The Federal Reserve is also creating the terms for a new capital buffer system instated by the federal reform.

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Morgan Stanley CEO frets over capital rules

CEO of Morgan Stanley Worries About New Bank Regulation by
Authored by: Harrison Barnes