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JPMorgan says continuing to buy back stock at $2B per quarter
The Fly

JPMorgan says continuing to buy back stock at $2B per quarter

Says not planning to increase buybacks beyond current pace at this time. Says increased dividend because “capital cup runneth over.” Expects 12% card loan growth for full year. Says consumers, businesses are in “pretty good shape.” Expects real estate to “muddle through” high rates. Says currently “under-earning” in investment banking, but sees upside potential. Says in “very strong capital position.”

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