off-the-wire

JPMorgan CFO sees nearly 20% drop in banking revenue in first quarter

Kitco Media
By Reuters
Published:
Updated:
Reuters

Feb 14 (Reuters) - JPMorgan Chase & Co (JPM.N), 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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