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Stock impact report

JPMorgan Chase: Suspend The Dividend Or Not [Seeking Alpha]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Seeking Alpha
SummaryThe largest banks in the country are faced with new pressures to not only get through this crisis periods with profits but to also support the effort by staying healthy.Furthermore, these banks are expected to contribute to the lending efforts being created by the Federal Reserve and the federal government to support credit extension.Major question: should JPMorgan Chase & Co. suspend its dividend payouts, much as they, along with the other largest banks in the country, have voluntarily suspended stock buybacks?What should the largest commercial bank in the United States be doing during an economic and financial crisis connected with a global pandemic?Jamie Dimon, Chief Executive Office of JPMorgan Chase & Co. (NYSE:How about an economy that contracts by 35 percent in the second quarter with the unemployment rate for the country rising to 14 percent as JPMorgan seems to be projecting?Other large banks have produced similar numbers: last week, Goldman Sachs (NYSE:GSMSMr. Dimon h Show less Read more
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