JPMorgan (JPM) aims to increase annual net income to $24B from $19B in 2011 and its ROE to 16%...

|About: JPMorgan Chase & Co. (JPM)|By:, SA News Editor

JPMorgan (JPM) aims to increase annual net income to $24B from $19B in 2011 and its ROE to 16% from 15%, CFO Doug Braunstein tells the bank's investor conference. JPM plans to leverage its various ops to achieve its aims, but also needs to find $1B in growth from new initiatives. The market yawns as shares rise 0.7%.