JPMorgan Flags Rising Advisor Pay in 2026 Expense Forecast
8 Articles
8 Articles
JPMorgan Flags Rising Advisor Pay in 2026 Expense Forecast
It’s that time of year that reminds everyone how much better it is to give than receive. JPMorgan is in the holiday spirit (or as much as it can get, anyway), considering how much it expects to pay advisors next year. And of course, that’s far from being a charitable gesture. During this week’s Goldman Sachs conference, JPMorgan Consumer & Community Banking CEO Marianne Lake told the audience that the company is planning for considerably higher …
Top JPMorgan executive Marianne Lake, a possible Jamie Dimon successor, warns of higher costs for 2026
One of the execs considered a possible successor to Jamie Dimon as JPMorgan's CEO warned Tuesday that the bank expects to spend a higher-than-expected $105 billion next year, sending shares lower.
JPMorgan Chase's operating expenses are expected to reach $105 billion in 2026, exceeding analysts' expectations, Reuters reports. The news caused a significant drop in the bank's shares on Tuesday: the papers closed down 4.7%.
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