Dimon: Tougher rules will boost credit costs for borrowers

JPMorgan Chase CEO Jamie Dimon warned in his annual letter to shareholders that tougher capital and liquidity rules will increase borrowing costs. "Certain clients -– for example, municipalities (which will see far higher costs for certain types of deposits and credit lines), clients with large amounts of trade, credit-only clients and specific types of financial companies –- will experience far higher" costs, Dimon wrote.

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