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IIF 2019: Dimon and Gorman on regulation and why it sucks to be public

The CEOs of JPMorgan and Morgan Stanley worry about the consequences of capital and liquidity regulation – and are not surprised that companies prefer to stay private.

Jamie Dimon, chief executive officer of JPMorgan Chase & Co., center, speaks while Tim Adams, president and chief executive officer of the Institute of International Finance (IIF), left, and James Gorman, chairman and chief executive officer of Morgan Stanley, listen during the IIF annual membership meeting in Washington, D.C., U.S., on Friday, Oct. 18, 2019. The meeting explores the latest issues facing the financial services industry and global economy today. Photographer: Al Drago/Bloomberg via Getty Images
Bloomberg/Bloomberg via Getty Images

The Friday lunchtime US bank chief executive chat is the star turn at the Washington DC meetings of the Institute of International Finance (IIF).

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