Reputation is a delicate thing, and in less than one quarter
JP Morgan (NYSE:
JPM)
has lost much of the luster it built during the credit crisis. While
management has apparently acted quickly to mitigate the damage of a
large bad trade, the slow pace of recovery in its core banking business
makes it harder to take up the slack. Although investors can certainly
find value in JP Morgan at current prices, risks remain from scandals
like the
LIBOR rigging and a potential worsening of credit conditions if the economy slows significantly
Please read the full article:
http://stocks.investopedia.com/stock-analysis/2012/Where-Does-A-Bruised-JP-Morgan-Go-From-Here-JPM-C-USB-COF0716.aspx
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