Tag: JPMorgan’s trading

Activity, Trading

JPMorgan shares drop after bank warns borrower defaults could get ‘meaningfully’ worse

April 14, 2020


JPMorgan Chase on Tuesday posted first-quarter profit that was well below analysts’ expectations, although the bank’s revenue held up amid the coronavirus pandemic. The earnings drop was caused by a massive $6.8 billion addition to the bank’s credit reserves. The […]