Tag: JPM

JPMorgan Halts Share Buybacks as Earnings Miss Estimates

JPMorgan Halts Share Buybacks as Earnings Miss Estimates Bank adds $428 million to reserves for potentially bad loans Dimon says firm preparing for ‘range of economic environments’ JPMorgan Chase & Co. temporarily suspended share buybacks and reported second-quarter results that fell short of analysts’ estimates, driving the stock as much as 5.1% lower.  The buyback pause […]