JPMorgan's Dimon talks buybacks, retirement at investor day

47,570 次觀看・6 個月前

JPMorgan Chase (JPM), the nation's largest bank, made various announcements during their annual investor day, boosting their 2024 revenue outlook and setting new expectations for their share buyback program. The bank now projects to generate $91 billion in net interest income for the current year.

Additionally, JPMorgan outlined its approach to share buybacks, with CEO Jamie Dimon providing insights into his decision not to pursue aggressive repurchases. Dimon also touched upon his succession plans and artificial intelligence.

Yahoo Finance's David Hollerith breaks down the details of the event, shedding light on the key themes that emerged from JPMorgan Chase's investor day.

For more expert insight and the latest market action, click here to watch this full episode of Market Domination.

This post was written by Angel Smith