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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
03/27/201508:45:45JPMorgan Joins as Direct Participant in LBMA Gold Price Auction
03/27/201506:57:17Reuters: Morgan Stanley's Fleming contacted about BNY Mellon...
03/27/201506:31:30Wall Street Breakfast: Markets Prepare For Yellen Speech
03/27/201506:02:15Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
03/27/201506:01:39Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
03/27/201503:28:55JPMorgan holds on to top investment banking spot
03/26/201517:46:25Judge Approves LightSquared's Restructuring Proposal -- 2nd Update
03/26/201517:18:50Judge Approves LightSquared's Restructuring Proposal -- Update
03/26/201516:25:15Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
03/26/201514:19:09Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
03/26/201512:41:15Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
03/26/201510:25:32Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
03/26/201506:02:13Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
03/25/201516:41:04Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
03/25/201515:53:02Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
03/25/201514:25:00JPMorgan SmartRetirement Explores Consequences of Risk Prioritization...
03/25/201513:47:24Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
03/25/201513:10:02Read This Before You Buy Bank of America
03/25/201509:00:00Chase enlists as inaugural sponsor of Carry The Load® 2015!
03/25/201506:02:10Free Writing Prospectus - Filing Under Securities Act Rules 163/433...

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