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  • JPMorgan tops estimates for fourth-quarter revenue, but says mild recession is now ‘central case’
Finance

JPMorgan tops estimates for fourth-quarter revenue, but says mild recession is now ‘central case’

January 13, 2023

[#item_full_content]JPMorgan, the biggest U.S. bank by assets, now expects a recession as its most likely scenario.

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Citigroup’s fourth-quarter profit declines by 21% as bank sets aside more money for credit losses
Wells Fargo shares fall as bank’s profits cut in half by higher reserves, settlement costs

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