JPMorgan Chase Comments on the Federal Reserve's 2024 Stress Test Results
June 27, 2024
June 27, 2024
NEW YORK, June 27 -- JPMorgan Chase and Co. issued the following news release:
JPMorgan Chase & Co. (NYSE: JPM) ("JPMorgan Chase" or the "Firm") has reviewed the Federal Reserve's 2024 stress test results and specifically the Federal Reserve's projections for Other Comprehensive Income ("OCI"). Based on the Firm's own assessment, the benefit in OCI appears to be too large. Should the Firm's analysis be correct, the resulting stress losses would be m . . .
JPMorgan Chase & Co. (NYSE: JPM) ("JPMorgan Chase" or the "Firm") has reviewed the Federal Reserve's 2024 stress test results and specifically the Federal Reserve's projections for Other Comprehensive Income ("OCI"). Based on the Firm's own assessment, the benefit in OCI appears to be too large. Should the Firm's analysis be correct, the resulting stress losses would be m . . .