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/ |
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