JPMorgan Chase CEO: US headed for 'bad recession' but can emerge from coronavirus crisis stronger [USA TODAY]
JP Morgan Chase & Co. (JPM)
Last jp morgan chase & co. earnings: 4/14 06:43 am
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Source: USA TODAY
CLOSEThe coronavirus (COVID-19) is impacting the global economy and raising fears of a recession. What causes a recession and what are the signs?USA TODAYCONNECTTWEETLINKEDINEMAILMOREJamie Dimon said the U.S. economy is headed for a “bad recession” in the wake of the coronavirus pandemic, but this time around his company is not going to need a bailout. Instead, JPMorgan Chase is ready to lend a hand to struggling consumers and small businesses.“At a minimum, we assume that it will include a bad recession combined with some kind of financial stress similar to the global financial crisis of 2008,” Dimon, the CEO of JPMorgan Chase, said Monday in hisannual letter to shareholdersJPMorgan, the largest U.S. bank by assets, won’t ask for regulatory relief, Dimon said. Instead, it's working closely with the government and will participate in relief programs to address the severe economic challenges that borrowers face.The bank is providing a90-day grace period for mortgageMortgage refinancing
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JPM
Earnings
- 10/14/25 - Beat
JPM
Sec Filings
- 12/5/25 - Form 424B2
- 12/5/25 - Form 424B2
- 12/5/25 - Form 424B2
- JPM's page on the SEC website