NEW YORK, May 20 - JPMorgan Chase , opens new tab predicted it would earn more income from elevated U.S. interest rates despite uncertainty hanging over the economy, executives said at the bank's investor day on Monday.
The path of NII will probably be"noisy" in the coming quarters, with increases and declines, Barnum said. JPMorgan has a current market share of 11.3% of U.S. retail deposits, which is already the largest among the nation's lenders. Still, it wants to cover even more customers. With JPMorgan coming off a year of record profits, investors are eager to learn about the firm's succession plans, investments in AI and other growth opportunities.
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