UPDATE 1-JPMorgan CEO Dimon: Buybacks are for times when stock is cheap
03 Dec UPDATE 1-JPMorgan CEO Dimon: Buybacks are for times when stock is cheap
Posted at 17:49h
in
News
by KMFSLLP
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.
![](http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/2ierxpxDGHA)
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