JPMorgan (JPM) sees mortgage banking jobs down 13K to 15K by end of FY14

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UBS Boosts Estimates/PT on JPMorgan (JPM) after Investor Day

February 27, 2013 12:57 PM EST

UBS raised its price target on Buy-rated JPMorgan (NYSE: JPM) from $50 to $52 following the company's investors day which they said reinforced strength of its franchise and management bench.

The firm comments, "Incremental guidance for 2013 included: a $1 billion decline in expenses (ex litigation),... More

JPMorgan (JPM) CEO Dimon: We'll Likely Do Better than Analyst Estimates

February 26, 2013 2:57 PM EST

JPMorgan (NYSE: JPM) CEO Jamie Dimon says that the firm will "likely do better than analyst estimates." It wasn't clear whether Dimon was relating to the upcoming quarter or fiscal year.

Comments were made during the JPMorgan Chase 2013 Investor Day today.... More

JPMorgan (JPM) Looks to Cut 19K Positions Through FY14

February 26, 2013 11:56 AM EST

JPMorgan (NYSE: JPM) is lower on the session Tuesday following reports that significant job cuts will take place over the next few years.

According to presentations on its website, about 13,000 to 14,000 jobs will be cut in the mortgage segment and 3,000 to 4,000 in community banking... More

JPMorgan (JPM) expects its headcount to drop by about 4,000 in FY13

February 26, 2013 8:00 AM EST

JPMorgan Chase & Co. (NYSE: JPM) expects its headcount to drop by about 4,000 in FY13.... More