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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
07/03/201512:02:03Bank of America Earnings: 3 Things to Watch
07/02/201517:17:21Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
07/02/201517:15:16Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
07/02/201517:15:14Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
07/02/201517:12:35Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
07/02/201517:11:43Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
07/02/201517:10:27Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
07/02/201517:09:34Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
07/02/201517:07:21Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
07/02/201516:35:29Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
07/02/201516:32:29Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
07/02/201516:30:41Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
07/02/201516:29:50Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
07/02/201516:23:45Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
07/02/201516:22:53Statement of Changes in Beneficial Ownership (4)
07/02/201516:22:53Statement of Changes in Beneficial Ownership (4)
07/02/201516:22:53Statement of Changes in Beneficial Ownership (4)
07/02/201516:22:53Statement of Changes in Beneficial Ownership (4)
07/02/201516:22:53Statement of Changes in Beneficial Ownership (4)
07/02/201516:22:53Statement of Changes in Beneficial Ownership (4)

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