JPMorgan Chase Settlement Would Push Its Multiple Higher

Mani

Published onNovember 22, 2013

Updated on May 13, 2021

JPMorgan Chase & Co. (NYSE:JPM)’s recent $13 billion mortgage settlement was within expectations and would push JPM’s pedestrian multiple higher, believes Sterne Agee.

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Credit Suisse Group AG (NYSE:CS) analysts believe the vast majority of financial impact from the mortgage settlement has been recognized with JPMorgan Chase & Co. (NYSE:JPM) set to experience decline in its litigation costs from 2014 onward.

JPMorgan’s $13 billion settlement

Last week, JPMorgan Chase & Co. (NYSE:JPM) arrived at a settlement with the...

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Mani

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

JPMorgan Chase Settlement Would Push Its Multiple Higher

JPMorgan’s $13 billion settlement

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