Business

Banks Led by JPMorgan Have $125 Billion for You

On the different finish of the desk, JPMorgan Chase & Co. and Citigroup Inc. each yield lower than 3%, although for various causes. JPMorgan has greater than $14.5 billion in extra capital, the second most after Wells Fargo & Co., however it trades on the highest valuation, almost two instances forecast e-book worth. Citigroup trades at a European-style low cost to e-book worth however has a lot much less spare capital than friends.  

https://www.washingtonpost.com/enterprise/banks-led-by-jpmorgan-have-125-billion-for-you/2021/11/10/d353539e-41f8-11ec-9404-50a28a88b9cd_story.html?utm_source=rss&utm_medium=referral&utm_campaign=wp_business | Banks Led by JPMorgan Have $125 Billion for You

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