Reuters ahead with key market-moving alerts from JP Morgan’s investor day

20 May 2024, 12:00 am

1 min read

FILE PHOTO: A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015. REUTERS/Mike Segar/File Photo

On May 20, Reuters was about a minute ahead on a news alert when JPMorgan Chase CEO Jamie Dimon, speaking to investors at an event in New York, revealed that major Wall Street bank is not planning to buy back its shares, driving a sharp slide in the stock from record highs. This was followed by a more than 1-minute win on the hotly anticipated announcement from Dimon on succession plans at the biggest US lender.