At the UBS Financial Services Conference, JPMorgan’s (JPM) CFO Jeremy Barnum said that while the bank’s trading revenues are anticipated to increase sequentially in the first quarter of 2024, driven by normal seasonality, revenues in the markets division will likely decline 5-10% on a year-over-year basis.Barnum stated, “Both equities and macro were relatively strong last year in different kind of pockets. And so the slightly worse performance relative to the prior year is not particularly differentiated ac ...

Key PointsCEO Jamie Dimon's unprecedented $150 million stock sale at JPMorgan Chase & Co. raises eyebrows among investors.Despite recent insider selling, JPMorgan's stock continues its upward trajectory, up nearly 8% this year and almost 30% over the past year.Analysts maintain a moderate buy rating, but consensus price targets forecast a slight downside, signaling a mixed sentiment towards the banking giant.5 stocks we like better than JPMorgan Chase & Co.The recent insider selling activity at JPMorgan Cha ...

业绩总结 - JPMorgan Chase预计本年度信用卡贷款增长率为12%，高于正常水平[31] - 公司预计净利息收入（不包括市场业务）为880亿美元，基于当前的前瞻曲线和内部迁移预期，预计将有显著的存款边际压力和因此导致的净利息收入环比下降[79] - 公司预计信用卡贷款增长强劲，如果将正常的覆盖率应用于这种贷款增长，与市场对2024年拨备的预期相比，市场的拨备看起来有点低[93] 新产品和新技术研发 - JPMorgan Chase计划开设500家新分行，以优化和扩展分行网络[36] 市场扩张和并购 - JPMorgan Chase在商业地产领域拥有约2000亿美元的资产，其中约16亿美元为办公室资产[20] - 多家庭住宅占JPMorgan Chase商业地产资产的约1200亿美元，其中纽约占比不到20%[22] 负面信息 - 公司表示当前环境存在不确定性，因此暂时坚持较为谨慎的股本回购步伐[121]

JPMorgan Chase & Co. (NYSE:JPM) UBS Financial Services Conference February 27, 2024 8:50 AM ET Company Participants Jeremy Barnum - Executive Vice President and Chief Financial Officer Conference Call Participants Erika Najarian - UBS Erika Najarian We are shifting from one powerhouse institution to another. Of course, the next company that we have up on stage needs no introduction. We have the CFO, Jeremy Barnum, of JPMorgan Chase. Jeremy, welcome. Jeremy Barnum Thank you. Happy to be here. Erika Najarian ...

NEW YORK, Feb. 27, 2024 /PRNewswire/ -- J.P. Morgan Life Sciences Private Capital today announced the addition of David Epstein to its Healthcare Advisory Board. Mr. Epstein was CEO of Seagen before closing its sale to Pfizer in December 2023. David previously served as Executive Partner at Flagship Pioneering as well as CEO of Novartis Pharmaceuticals. His 30 years of industry experience includes drug development, deal making, venture investing, commercialization, and leadership experience on a global scal ...

The future of the U.S. economy looks promising, reminiscent of the economic growth experienced in the mid-1990s. Recent data on productivity, boosted by advancements in artificial intelligence and the widespread adoption of hybrid work models, suggests a potential lasting boom. Improved productivity not only allows companies to create more with less but also enables higher wages without compromising profits or triggering inflation. The current landscape, marked by innovation, increased entrepreneurship, and ...

Dimon对市场和经济的看法 - JPMorgan Chase CEO Jamie Dimon认为美国有超过一半的可能性会陷入衰退[1] - Dimon认为市场对经济避免衰退的概率高估了，他认为可能会出现软着陆[3] - Dimon表示，他对一切都持谨慎态度，认为一些因素可能会在多年内产生影响，但他不认为会重演2008年金融危机的严重衰退[6] 利率和货币政策 - 市场可能没有充分定价利率可能会保持较高水平更长时间的概率[2] - 市场对货币政策预期进行了重新定价，之前预期的利率削减可能推迟到6月或7月，现在已经定价了三次削减[4] - 随着利率上升，市场还必须应对美联储减持债券的情况，这也是紧缩货币政策的另一个因素[5] 衰退对经济的影响 - 高利率和衰退可能会严重影响商业地产和地区银行，但对宏观经济影响有限[7] - 如果出现衰退，情况可能会恶化，但如果没有衰退，大多数人应该能够渡过难关[8] - 对于地区银行，他认为像硅谷银行和纽约社区银行这样的机构遇到的问题是特殊的，私人信贷可能会受到影响，但不会对系统造成影响[9]

Artificial intelligence is not a “fad” and will eventually “be used in almost every job”, says Jamie Dimon – the chief executive of JPMorgan Chase & Co (NYSE: JPM).Dimon’s remarks on artificial intelligenceCopy link to sectionLast month, the Wall Street titan called Bitcoin a “pet rock that does nothing” as Invezz reported here. But he apparently has an entirely different view on AI. In an interview with CNBC on Monday, Dimon said:When we had the internet bubble the first time around … that was hype. This i ...

人工智能发展 - 摩根大通首席执行官认为人工智能不仅仅是一个过眼云烟，而且比大型语言模型如Chat GPT更重要[1] - 他将当前的人工智能发展时刻与21世纪初的科技泡沫进行了比较，当时投资者的兴奋似乎超过了实际变化[2] - 摩根大通首席执行官表示，这不是炒作，而是真实的。人们以不同的速度部署人工智能，但它将处理大量的事务[3]

股市表现 - S&P 500和道琼斯工业平均指数在2月23日创下历史新高[1] - 两个指数在月度相对强弱指数(RSI)上表现强劲，暗示上涨趋势可能延续[2] - 虽然主要指数创下历史新高，但宏观经济面临挑战，金融指标之间存在基本分歧[3] 科技股表现 - 人工智能潮流吸引投资者关注，推动了像英伟达公司（NASDAQ: NVDA）这样的科技股的表现[4]