JPMorgan’s chief financial officer, acknowledged last month that the fact they are “turning away deposits” was an “unnatural” action for banks, adding that such measures “cannot be good for the system in the long run”

JPMorgan Chase and Citigroup take unusual step to avoid additional capital requirement

https://www.ft.com/content/a5e165f7-a524-4b5b-9939-de689b6a1687