27.06.2024 05:45:07 - dpa-AFX: JPMorgan Questions Federal Reserve's OCI Projections In 2024 Stress Test

NEW YORK CITY (dpa-AFX) - JPMorgan Chase & Co. (JPM) said it has reviewed
the Federal Reserve's 2024 stress
test results and specifically the Federal Reserve's projections for Other
Comprehensive Income or 'OCI'. Based on the company's own assessment, the
benefit
in Other Comprehensive Income appears to be too large.

Should the company's analysis be correct, the resulting stress losses would be
modestly higher than those disclosed by the Federal Reserve.

As of March 31, 2024, JPMorgan reported a Standardized Common Equity Tier 1 or
'CET1' capital ratio of 15.0%, as compared with current regulatory requirements
of 11.9%, which represents about $54 billion of excess capital.



Copyright(c) 2024 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
JPMorgan Chase & Co 850628 NYSE 202,260 28.06.24 03:00:08 +3,090 +1,55% 202,310 202,480 200,010 202,260

© 2000-2024 DZ BANK AG. Bitte beachten Sie die Nutzungsbedingungen | Impressum
2024 Infront Financial Technology GmbH