Analyst warns on Big Six profits after JPMorgan's wake-up call - BNN


4/14/2022 12:00:00 AM3 yearsago
by Noah Zivitz

"In short, we believe the sector still has downside risk heading into [fiscal second-quarter] earnings in late May"

JPMorgan Chase & Co. surprised Wall Street Wednesday by setting aside nearly US$1 billion for potential loan losses in its fiscal first quarter. That move also caught the eye of a Canadian banks … [+2649 chars]

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