We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Scant praise

13 April 2011 By Antony Currie

The bank’s $5.6 bln firstquarter profit reinforces its position as a market leader with strong risk management. Its stock has beaten peers so far this year. But JPMorgan’s earnings multiple lags rivals. Doubts remain about banking, but the discount is a poor reward for success.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)