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J.P. Morgan Executives See Reorganization Adding to Pretax Profits -FT

Following the announcement by J.P. Morgan (JPM) Chief Executive Jamie Dimon that the company planned to merge its corporate and investment banks, two company executives said the reorganization could help increase the bank's pretax profit, The Financial Times reported on its website Sunday. Michael Cavanagh and Daniel Pinto, the co-chief executives of the newly formed division, said the move should eventually add $1 billion to pretax profit within five years, the FT reported. Mr. Cavanagh also said the new unit intends to add bankers, especially in its foreign exchange operations, the FT reported. Newspaper website: www.FT.com Write to copydesk@dowjones.com Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Jp Morgan Chase (JPM)
DateTimeHeadline
05/31/201612:53:46Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/31/201611:21:31Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/31/201611:19:15Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/31/201611:17:00Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/31/201610:43:10Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/31/201610:41:47Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/31/201610:19:24Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/31/201606:02:48Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/31/201606:02:47Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/31/201606:02:09Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/31/201606:02:09Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/31/201606:02:09Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/31/201606:01:35Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/31/201606:01:35Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/31/201606:01:34Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/31/201603:02:00Global Financial Institutions Are in Retreat -- WSJ
05/30/201613:43:00When Bigger Isn't Better: Banks Retreat From Global Ambitions
05/27/201616:56:58Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/27/201616:52:36Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/27/201616:07:20Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)

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