JPMorgan

JPMorgan Forecasts Higher Credit Card Charge-Offs by 2026 Amid Economic Pressures

Banking giant JPMorgan anticipates increased losses in its credit card portfolio through 2026, citing shifting consumer finances and macroeconomic uncertainties.

Bond Bet

Prior to CPI, JPMorgan Gains on Large Bond Bet Favored by Citi.

The bond trade that many of the largest banks on Wall Street believe will be dominant for the remainder of 2024 is gathering steam ahead of an inflation report that will be critical to its fate. This strategy is based on the expectation—which has recently attracted a lot of