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J.P. Morgan's Jamie Diamond pens a helpful cheat sheet for curtailing bank regulations, but a key departure at the Fed stands in the way of immediate reform.

Those are the topics for discussion on this week's edition of the Views Room, a conversation among breaking views, columnists about the ups and downs of finance.

I'm your host, Jennifer Sabah, and I'm here with Anthony Curry.

Anthony, welcome back.

Good-day, mate.

Also, joining us from Washington, D.C. is Gina Chan.

Gina, also a pleasure to have you back on the show.

Hi, guys.

All right, it's going to be one big banking podcast here.

Don't we just love it?

So, Anthony, J.P. Morgan's head, Jamie Diamond, released his letter to shareholders. A 45-page missive. Sounds like a doorstopper. You went through it? Yeah, it is. Yeah, I did. Actually, I've got to tell you, I mean, it's one of the two or three letters to shareholders from bank executives that's worth waiting for. I say waiting

well because the first letters were coming out from some of the smaller banks in February.

Now, before we get into the specifics of what Diamond talks about, what's good about what

he does, regardless of whether you believe what he says or likes what he says, he makes it

readable and actually makes banking sometimes sound interesting

...