Fed’s Kashkari to Jamie Dimon: It’s ‘nothing personal’ — big banks need to double their safety nets

Minneapolis Federal Reserve President Neel Kashkari told CNBC on Friday banks need “about twice as much” rainy-day capital to effectively address “too big to fail,” which put U.S. taxpayers on the hook to bail out Wall Street firms during the...

Fed’s Kashkari to Jamie Dimon: It’s ‘nothing personal’ — big banks need to double their safety nets

Minneapolis Federal Reserve President Neel Kashkari told CNBC on Friday banks need “about twice as much” rainy-day capital to effectively address “too big to fail,” which put U.S. taxpayers on the hook to bail out Wall Street firms during the...