New Rules On Risk Hit J.P. Morgan Hardest.

The article reports that banking company J. P. Morgan Chase & Co. is the only one of eight large U.S. banks that will need to raise capital to meet a tougher capital standard proposed by the U.S. Federal Reserve. It is said Morgan will likely address its $21 billion capital shortfall by increasing retained earnings, a move that would reduce cash available for dividends and share buybacks. Banking analyst Mike Mayo said the new rules could put added pressure on big banks to downsize or break up.