JPMorgan Chase on Monday raised its forecast for net interest income (NII), or the difference between what it makes on loans and pays out on deposits, to $91 billion, excluding markets.
At JPMorgan Chase's investor day on Monday, shareholders will focus on the bank's growth strategy and succession plans.
The tougher capital requirements the government had planned for banks may not be as tough. That's according to a Sunday (May 19) report by The Wall Street Journal (WSJ), which argues that efforts by banking CEOs like JPMorgan Chase's Jamie Dimon to push back against the Federal Reserve's proposal that banks hold more capital appear to have paid off.