Have Battered Banks Gotten Too Cheap? Jamie Dimon Thinks So, Buys JPMorgan Shares

February 13, 2016   |   February 2016 Bond Updates
To hear JPMorgan Chase tell it, the U.S. economy looks pretty good and the bloodbath in the oil market over the last year-plus isn't causing any undue pressure on its balance sheet. The bank's chief executive put some money behind those claims this week, buying $26.6 million of stock in what has been viewed as a vote of confidence in the bank's strength.

View more at: http://www.forbes.com/sites/steveschaefer/2016/02/12/bank-stocks-cheap-jamie-dimon-buy-jpmorgan/
 
Related News
Home| About us | Contact us http://www.bondupdatesdailynews.com/