at CNBC.com (Sat, 11:00AM)
Dimon: "We expect to continue to be challenged by high default-related expenses." Regulatory...
Dimon: "We expect to continue to be challenged by high default-related expenses." Regulatory guidance (pg. 8 of the presentation) is forcing higher charge-offs - $825M, or $0.14/share in Q3 - on certain mortgage loans. Wells Fargo (WFC) reported an additional $567M in charge-offs due to this. Keep an eye on BAC and C reports. JPM -0.7% premarket.
From other sites
at MarketWatch.com (Thu, 2:40PM)
at CNBC.com (Wed, 11:56PM)
at Zacks.com (Tue, 12:30PM)
at CNBC.com (Jan 16, 2015)
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