JPMorgan Chase (JPM) CEO Jamie Dimon said at an investor conference today that the bank expects “a modest dividend increase” next year, along with buybacks, Marketwatch reported.
Investment banking revenue is expected to be about equal to third quarter results, and credit cards should be slightly better while mortgage banking results could slide somewhat, according to a Marketwatch report referencing a slide show that Dimon was presenting.
The bank’s net exposure to five troubled European countries rose to $15.9 billion on Nov. 17, up from 15.1 billion on Sept. 29, the report said.
No comments:
Post a Comment