Jamie Dimon again warns about ‘uncertain' year ahead as JPMorgan profit rises
JPMorgan Chase continued to warn investors Friday that it expects an “uncertain” year for markets and the global economy, citing stubbornly high inflation and ongoing geopolitical tensions.The remarks came as JPMorgan — as well as its major competitors Citigroup and Wells Fargo — reported their first quarter results. JPMorgan had a modest 6% rise in the first quarter while Wells Fargo reported a decline in profit versus a year ago, although the result beat Wall Street’s expectations. Citigroup’s earnings al ...