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Abstract:(Reuters) – JPMorgan Chase & Co, the largest U.S. bank by assets, is expecting a nearly 20% drop in banking revenue in the first quarter, Chief Financial Officer Jeremy Barnum said at a conference on Tuesday.
JPMorgan CFO sees nearly 20% drop in banking revenue in first quarter
(Reuters) – JPMorgan Chase & Co, the largest U.S. bank by assets, is expecting a nearly 20% drop in banking revenue in the first quarter, Chief Financial Officer Jeremy Barnum said at a conference on Tuesday.
(Reporting by Niket Nishant in Bengaluru; Editing by Shinjini Ganguli)
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