JPMorgan Chase Confident In First Republic Takeover, Raises 2023 NII Guidance by $3B
JPMorgan Chase & Co JPM raised its net interest income (NII) guidance to around $84 billion for 2023 on Monday. The new guidance is higher than the company's earlier expectation of $81 billion, stated during the Q1 2023 call. The upgraded guidance reflects JPM's optimism about the takeover of…
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