Seeking Alpha

JPMorgan (JPM -3.1%) is unlikely to resume stock buybacks this year or early next because of the...

JPMorgan (JPM -3.1%) is unlikely to resume stock buybacks this year or early next because of the CIO loss, say 2 analysts after meeting with top management. Despite the bank making plenty of money, being well capitalized, and having (according to management) a cheap stock, regulators are calling the shots on capital returns.
Comments (1)
  • nafar
    , contributor
    Comments (234) | Send Message
     
    Since their loss is far less on derivatives then buy back program amount, I dont see any reason why Federal Reserve would not allow once the final figures are made known to them. There may be some reduction in the buy back amount after adjusting for the loss. We should trust the leadership comments of buy back in last quarter to begin.
    3 Aug 2012, 11:37 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs