JPMorgan’s Wall-Street-Savvy Dimon Maps A Conservative Route
Similar to Alcoa’s (AA) earnings report, JPMorgan Chase’s (JPM) has more meat in the comments than in the numbers. Contrary to Alcoa’s focus on growth, however, JPMorgan CEO Jamie Dimon discussed the bank’s conservative, steady-as-she-goes approach, even cutting back on the previously announced aggressive branch expansion.
The question is, “What gives?”
This article is posted on SeekingAlpha.com
