Finance
JPMorgan ‘War Room’ Examining First Days of Trump Presidency
- Clients feel ‘euphoria’ and deals, IPOs will return, Gori says
- Bank is analyzing every policy decision from the government
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JPMorgan Chase & Co. has deployed teams working overtime to analyze the impact of the early outlines of the policy shift under President Donald Trump, according to Mary Erdoes, chief of the asset and wealth management arm of America’s largest bank.
“At JPMorgan, we have a war room set up to analyze and evaluate each and every one of these [policies],” Erdoes said, speaking on a panel at the World Economic Forum in Davos. “So they’ve been up all night and are working on it. Time will tell.”