Monday, July 16, 2012

Investopedia: Where Does A Bruised JPMorgan Go From Here?

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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