JPMorgan Chase & Co. Stock News

JPMorgan Chase shares fell 7% Tuesday after the bank's president told analysts that expectations for net interest income were too optimistic. The current estimate for NII -- one of the main ways that banks earn money -- of $89.5 billion is too high given expectations for interest rates, JPMorgan president Daniel Pinto told an audience at a financial conference.

Jamie Dimon previously signaled his timeline for stepping down is no longer five years and could be as soon as two-and-a-half years.

JPMorgan Chase's investment banking fees could climb 15% in the third quarter, its president and chief operating officer Daniel Pinto said on Tuesday.

JPMorgan Chase CEO Jamie Dimon said Tuesday he wouldn't rule out stagflation. Dimon's comments come at a time when investors are turning their attention to signs of slowing growth as inflation has shown signs of cooling.

JPMorgan Chase is focused on succession planning and has a cadre of "extremely" qualified people who are prepared to run the company, CEO Jamie Dimon said on Tuesday.

Bank stocks gained as the industry awaited an outline of Basil III rule change proposals from the Fed's Michael Barr.

JPMorgan Chase & Co has hired Humberto Garcia-Salas and Andrew Redmond as managing directors for its Mid-Cap Investment Banking division, as it seeks to further strengthen its investment banking segment, according to a memo seen by Reuters.

JPMorgan's preferred securities offer an interesting investment opportunity due to higher yields and lower dividend coverage requirements. Despite increased loan loss provisions, JPMorgan's earnings remain robust, easily covering preferred dividends with a low percentage of net profit. The Series EE preferred shares, with a 6% dividend yield, present a compelling option, though they may be call...