Moreover, some lawmakers have even shown support for increasing capital levels even higher, which would hurt large banks like J.P. Morgan Chase (NYSE: JPM), Bank of America (NYSE: BAC) and Citigroup (NYSE: C).
Consequently, reviving the debate on regulatory requirements could add uncertainty in the financial space and increase volatility. According to a Bank of England working paper, banks typically take three years before adjusting to the new rules, so changing regulations now could put a drag on returns. [Financial ETFs Could Bank on Improved Loan Growth]
SPDR S&P Regional Banking ETF
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