Reuters was four minutes ahead on Sept. 15 with JP Morgan lowering guidance for net interest income. Following similarly bleak news from other big banks at a virtual investor conference, JP Morgan CFO Jennifer Piepszak said slack demand is weighing on the lending business.
Business & Finance
Reuters ahead in reporting JPMorgan cuts outlook for net interest income
15 September 2020, 6:27 pm 1 minute
Market Impact
The big bank blue-chip sank more than 2% on the news.
Article Tags
Topics of Interest: Business & Finance
Type: Reuters News First
Sectors: Equities
Regions: North America
Win Types: Speed
Media Types: Text