JPMorgan CEO: bank will again boost credit reserves in second quarter
JPMorgan Chase & Co
Chief Executive Officer Jamie Dimon said on Tuesday that he
expects the bank to take another significant credit reserve
build in the second quarter that is “roughly equivalent” to the
billions it added to its reserves in the first quarter.
Chief Executive Officer Jamie Dimon said on Tuesday that he
expects the bank to take another significant credit reserve
build in the second quarter that is “roughly equivalent” to the
billions it added to its reserves in the first quarter.
Posted by Reuters
