Dimon Says JPMorgan Buys Back Stock at Faster Pace Than Forecast
This article is for subscribers only.
Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., said the bank is buying back stock at a faster pace than originally announced.
JPMorgan, the most profitable U.S. bank, has already purchased almost $3 billion of its own shares this year, Dimon told investors at a conference hosted by Sanford C. Bernstein & Co. in New York today.