KM Financial Solutions | UPDATE 1-JPMorgan CEO Dimon: Buybacks are for times when stock is cheap
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UPDATE 1-JPMorgan CEO Dimon: Buybacks are for times when stock is cheap

UPDATE 1-JPMorgan CEO Dimon: Buybacks are for times when stock is cheap

Jamie Dimon, chief executive of
JPMorgan Chase & Co, on Tuesday said he favors using the
bank’s excess capital to reinvest in its business instead of
buying back stock.

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