15-07-2022, 08:12 AM
PUBLISHED THU, JUL 14 20226:21 AM EDTUPDATED THU, JUL 14 202211:09 AM EDT
Hugh Son
- JPMorgan earnings fell short of analyst expectations as the bank built reserves for bad loans by US$428 million.
- Shares of the bank fell nearly 5% in trading Thursday, hitting a fresh 52-week low.
- Chairman and CEO Jamie Dimon warned geopolitical tension, high inflation and waning consumer confidence could hurt the economy “sometime down the road.”
https://www.cnbc.com/2022/07/14/jpmorgan...nings.html
Hugh Son
- JPMorgan earnings fell short of analyst expectations as the bank built reserves for bad loans by US$428 million.
- Shares of the bank fell nearly 5% in trading Thursday, hitting a fresh 52-week low.
- Chairman and CEO Jamie Dimon warned geopolitical tension, high inflation and waning consumer confidence could hurt the economy “sometime down the road.”
https://www.cnbc.com/2022/07/14/jpmorgan...nings.html