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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
07/22/201413:13:16Credit Suisse to Exit Commodities Trading
07/21/201403:20:37MARKET SNAPSHOT: Small Caps' Slump, Ukraine Fears May Hold Up...
07/18/201419:06:11J.P. Morgan Debt Indexes Won't Include New Bonds of Russian Companies...
07/17/201421:50:39J.P. Morgan Awards CEO With Stock Options
07/17/201421:07:42J.P. Morgan Gave CEO Dimon Stock Options Valued at About $36...
07/17/201417:30:19J.P. Morgan Gives CEO Dimon Stock Option of 2 Million Shares
07/17/201404:43:08South Korea Sells Shares in Industrial Bank of Korea
07/17/201401:38:29U.S. Government Bonds Have Best Week in Four Months
07/15/201417:09:10MARKET SNAPSHOT: U.S. Stocks Close Lower; Dow Ekes Out A Gain
07/15/201417:07:23MARKET SNAPSHOT: Momentum Plays Pull Down U.S. Stock Market
07/15/201417:03:17J.P. Morgan, Goldman Sachs Beat Expectations
07/15/201417:02:36J.P. Morgan, Goldman Sachs Beat Expectations -- 9th Update
07/15/201416:52:02MARKET SNAPSHOT: U.S. Stocks Swing As Yellen Speaks
07/15/201416:51:17J.P. Morgan Beats Expectations -- 8th Update
07/15/201416:49:26MARKET SNAPSHOT: U.S. Stocks Open Higher; J.P. Morgan Rallies
07/15/201416:49:26U.S. Hot Stocks: Hot Stocks to Watch
07/15/201416:45:09J.P. Morgan Beats Expectations -- 7th Update
07/15/201416:40:26J.P. Morgan Beats Expectations -- 6th Update
07/14/201420:06:32Citigroup Reaches $7 Billion Pact to Resolve Mortgage Probe...
07/14/201418:35:14MARKET SNAPSHOT: U.S. Stocks: Dow Closes Above 17,000

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