JPMorgan is the largest creditcard issuer in the country. "But we remain upbeat and focused on executing in order to continue delivering excellent returns through the cycle," Barnum told ...
JPMorgan said the provision for credit losses in the third quarter was ... Net charge offs increased by $590 million, or 39%, mostly driven by card services. And the reserve build included $ ...
Jamie Dimon on Friday shared details about a new partnership between JPMorgan’s corporate bank and private-credit firms, which have been a growing source of competition to the bank in corporate ...
JPMorgan Chase’s net charge-off rate for ... guidance that it would see about a 3.4% net charge-off rate for its creditcard business. That is the percentage of loan balances it believes won ...
JPMorgan posted $453.4 billion in volume for debit and creditcard sales during the third quarter, just below the $453.7 billion seen in the second quarter but above the $426.3 billion seen in ...
JPMorgan Chase CEO Jamie Dimon will remain at the bank and has no plans to join Donald Trump's administration despite questions about whether he would take a senior government role after the U.S.
However, it isn’t all good news. At JPMorgan, deposit balances shrank overall and the bank has said it expects higher loan losses from its credit-card arm, a signal that some consumers are ...
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