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JPMorgan Chase & Co (JPM.N)

JPM.N on New York Stock Exchange

113.46USD
18 Apr 2019
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Latest Key Developments (Source: Significant Developments)

JPMorgan Chase & Co Expects FY2019 Net Interest Income To Be Over $58 Bln
Friday, 12 Apr 2019 

April 12 (Reuters) - JPMorgan Chase & Co ::JPMORGAN CHASE & CO - EXPECT FY2019 NET INTEREST INCOME TO BE $58 BILLION+, MARKET DEPENDENT.JPMORGAN CHASE & CO - EXPECT FY2019 ADJUSTED EXPENSE OF LESS THAN $66 BILLION.JPMORGAN CHASE & CO - EXPECT FY2019 NET CHARGE-OFFS OF LESS THAN $5.5 BILLION.  Full Article

JPMorgan Chase Reports Q1 Net Income Of $2.65 Per Share
Friday, 12 Apr 2019 

April 12 (Reuters) - JPMorgan Chase & Co ::JPMORGAN CHASE REPORTS RECORD NET INCOME OF $9.2 BILLION, OR $2.65 PER SHARE, FOR THE FIRST QUARTER OF 2019.QTRLY REPORTED REVENUE OF $29.1 BILLION; MANAGED REVENUE OF $29.9 BILLION.Q1 EARNINGS PER SHARE VIEW $2.35, REVENUE VIEW $28.44 BILLION -- REFINITIV IBES DATA.QTRLY AVERAGE CORE LOANS EX-CIB, UP 5% YOY.QTRLY INVESTMENT BANKING REVENUE WAS $1.7 BILLION, UP 10%.1Q19 REPORTED EXPENSE OF $16.4 BILLION; REPORTED OVERHEAD RATIO OF 56%.QTRLY NET INTEREST INCOME WAS $14.6 BILLION, UP 8%.QTRLY EQUITY MARKETS REVENUE OF $1.7 BILLION, REFLECTED LOWER CLIENT ACTIVITY, PREDOMINANTLY IN DERIVATIVES..QTRLY BOOK VALUE PER SHARE OF $71.78, UP 6%.QTRLY ROTCE 19 PERCENT VERSUS 14 PERCENT IN Q4.QTRLY FIXED INCOME MARKETS REVENUE OF $3.7 BILLION REFLECTED LOWER REVENUE IN CURRENCIES & EMERGING MARKETS AND RATES.QTRLY TANGIBLE BOOK VALUE PER SHARE OF $57.62, UP 7%.$4.7 BILLION OF NET SHARE REPURCHASES IN QUARTER.  Full Article

Hargreaves And Share Centre To Buy 1.5 Bln Stg Of JPMorgan Assets - FT
Tuesday, 9 Apr 2019 

April 9 (Reuters) - :HARGREAVES AND SHARE CENTRE TO BUY £1.5 BILLION OF JPMORGAN ASSETS - FT.  Full Article

Jpmorgan Chase & Co Says Board Of Directors Has Nominated 11 Individuals For Election As Directors
Friday, 5 Apr 2019 

April 5 (Reuters) - JPMorgan Chase & Co ::JPMORGAN CHASE & CO SAYS FOR 2018, RATIO OF CEO’S PAY TO PAY OF MEDIAN EMPLOYEE FOR 2018 IS 381 TO 1 - SEC FILING.JPMORGAN CHASE & CO - WILLIAM WELDON WILL BE RETIRING FROM BOARD IMMEDIATELY PRIOR TO ANNUAL MEETING.JPMORGAN CHASE- UNDER ANNUAL MEETING REVIEW, BOARD RECOMMENDS TO VOTE AGAINST THE SHAREHOLDER PROPOSAL 'GENDER PAY EQUITY REPORT'.JPMORGAN CHASE & CO - BOARD OF DIRECTORS HAS NOMINATED 11 INDIVIDUALS FOR ELECTION AS DIRECTORS - SEC FILING.  Full Article

Jpmorgan Chase Expects Q1 Net Interest Income To Be Flat Vs Q4
Thursday, 4 Apr 2019 

April 4 (Reuters) - JPMorgan Chase & Co ::JPMORGAN CHASE & CO - EXPECTS Q1 NET INTEREST INCOME, ON A MANAGED BASIS, TO BE APPROXIMATELY FLAT COMPARED WITH THE FOURTH-QUARTER OF 2018.JPMORGAN CHASE & CO - FIRMWIDE ADJUSTED EXPENSE FOR Q1 IS EXPECTED TO BE UP MID-SINGLE DIGITS COMPARED WITH THE FIRST QUARTER OF 2018.MARKETS REVENUE FOR Q1 EXPECTED TO BE LOWER WHEN COMPARED WITH PRIOR-YEAR QUARTER BY HIGHTEENS PERCENTAGE POINTS ON A REPORTED BASIS.FIRM HAS BEEN PREPARING FOR AND CONTINUES TO MAKE SIGNIFICANT PROGRESS IN ITS READINESS FOR THE U.K.’S EXPECTED WITHDRAWAL FROM THE EU.PLANNING FOR A U.K. WITHDRAWAL IN THE EVENT THAT AN AGREEMENT IS REACHED, AS WELL AS FOR A NO-DEAL SCENARIO.  Full Article

JP Morgan's Dimon Believes China Should & Will Agree To Some Of U.S. Trade Demands
Thursday, 4 Apr 2019 

April 4 (Reuters) - JPMorgan Chase & Co ::JPMORGAN'S JAMIE DIMON IN ANNUAL LETTER TO SHAREHOLDER SAYS WE REMAIN OPTIMISTIC ABOUT LONG-TERM GROWTH OF UNITED STATES & WORLD.JPMORGAN'S DIMON IN ANNUAL LETTER SAYS NEAR-TERM ECONOMIC & POLITICAL BACKDROP IS INCREASINGLY COMPLEX AND FRAUGHT WITH RISKS.JPMORGAN'S DIMON IN ANNUAL LETTER SAYS AMERICAN PUBLIC POLICY IS A MAJOR CONCERN FOR OUR COUNTRY.JPMORGAN'S DIMON SAYS "I WANT TO BE VERY CLEAR THAT WE DO NOT ADVOCATE FOR THE REPEAL OF DODD-FRANK".JPMORGAN'S DIMON SAYS BELIEVE THAT THE STRENGTH AND RESILIENCE OF THE U.S. FINANCIAL SYSTEM HAVE BENEFITED FROM THE DODD-FRANK LAW.JPMORGAN'S DIMON IN ANNUAL LETTER SAYS "WE ARE PREPARED FOR — THOUGH WE ARE NOT PREDICTING — A RECESSION".JPMORGAN'S DIMON IN ANNUAL LETTER SAYS "WE KNOW THERE ARE RISKS ON THE HORIZON THAT WILL EVENTUALLY DEMAND OUR ATTENTION".JPMORGAN'S DIMON SAYS U.S. "DESPERATELY NEEDS MORTGAGE REFORM".JPMORGAN'S DIMON IN ANNUAL LETTER SAYS BELIEVE STOCK BUYBACKS ARE ESSENTIAL PART OF PROPER CAPITAL ALLOCATION BUT SECONDARY TO LONG-TERM INVESTING.JPMORGAN'S DIMON IN ANNUAL LETTER SAYS EXPECT BANKS TO BE FAR MORE CONSTRAINED GOING INTO NEXT REAL DOWNTURN.JPMORGAN'S DIMON SAYS "WE WILL TRY TO RETRAIN AND REDEPLOY OUR WORKFORCE AS AI REDUCES CERTAIN TYPES OF JOBS".JPMORGAN'S DIMON IN ANNUAL LETTER SAYS WHEN NEXT REAL DOWNTURN BEGINS, BANKS WILL BE CONSTRAINED – PSYCHOLOGICALLY & BY NEW REGULATIONS.  Full Article

JPMorgan Says “Flash Crashes” Are Becoming More Frequent
Thursday, 4 Apr 2019 

April 4 (Reuters) - JPMorgan Chase & Co ::JPMORGAN'S CEO, CORPORATE & INVESTMENT BANK, DANIEL E. PINTO SAYS “FLASH CRASHES” ARE BECOMING MORE FREQUENT.JPMORGAN'S CEO, CORPORATE & INVESTMENT BANK, DANIEL PINTO SAYS " EXPECT TO SEE PERIODS OF VOLATILITY IN THE FUTURE".JPMORGAN'S CEO, CORPORATE & INVESTMENT BANK, DANIEL PINTO SAYS POTENTIAL OPPORTUNITIES IN ASIA PACIFIC, PARTICULARLY CHINA, REMAIN SIGNIFICANT.  Full Article

JPMorgan Chase CEO Jamie Dimon Says Has Faith In The Fed Doing The Right Thing Based On Data - CNBC Interview
Wednesday, 20 Mar 2019 

March 20 (Reuters) - JPMorgan Chase & Co ::JPMORGAN CHASE CEO JAMIE DIMON SAYS HAS FAITH IN THE FED DOING THE RIGHT THING BASED ON DATA - CNBC INTERVIEW.JPMORGAN CHASE CEO JAMIE DIMON SAYS THE FED IS AND SHOULD BE DATA DEPENDENT.JPMORGAN'S JAMIE DIMON SAYS DEAL WITH CHINA WOULD BE GOOD FOR GLOBAL ECONOMY.JPMORGAN'S JAMIE DIMON SAYS FISCAL DISCIPLINE IMPORTANT OVER LONG TERM.JPMORGAN'S JAMIE DIMON SAYS TECH CEOS SHOULD PREPARE FOR MORE SCRUTINY.JPMORGAN'S JAMIE DIMON SAYS NEW YORK CITY MADE A MISTAKE IN PUSHING AMAZON OUT.  Full Article

Chase Launches New Checking Account To Expand Access To Banking
Wednesday, 20 Mar 2019 

March 20 (Reuters) - JPMorgan Chase & Co ::CHASE LAUNCHES NEW CHECKING ACCOUNT TO EXPAND ACCESS TO BANKING.CHASE - LAUNCHING CHASE SECURE BANKING.CHASE - NEW ACCOUNT COMES WITH A LOW MONTHLY SERVICE FEE OF $4.95 AND ALL BENEFITS OF CHASE.  Full Article

J.P. Morgan Asset Management Says Launching JPMorgan Betabuilders 1-5 Year U.S. Aggregate Bond ETF At A Fee Of 5 Basis Points
Monday, 11 Mar 2019 

March 11 (Reuters) - JPMorgan Chase & Co ::J.P. MORGAN ASSET MANAGEMENT SAYS LAUNCHING JPMORGAN BETABUILDERS 1-5 YEAR U.S. AGGREGATE BOND ETF AT A FEE OF 5 BASIS POINTS.J.P. MORGAN ASSET MANAGEMENT -WILL OFFER ACCESS TO EQUITY MARKET IN WORLD THROUGH NEW JPMORGAN BETABUILDERS U.S. EQUITY ETF AT A FEE OF 2 BASIS POINTS.  Full Article

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