Bloomberg – JPMorgan, BofA Face Tougher Pay Rules Under U.S. Proposal

Bloomberg – JPMorgan, BofA Face Tougher Pay Rules Under U.S. Proposal

JPMorgan Chase & Co., Bank of America Corp. and the other four largest U.S. banks would face tougher limits under a new set of proposed U.S. rules. John Trentacoste, director at Farient Advisors, discusses the possible implications of the rule.