JPMorgan Chase (JPM) said it would buy back $1 billion of its long-term securities in a move that shows the bank using extra cash to deleverage and refinance in a low-interest rate environment, TheStreet.com reported.
JPMorgan shares are up 1.07%, or $0.40, to $37.90.
Showing posts with label JPMorgan Chase. Show all posts
Showing posts with label JPMorgan Chase. Show all posts
Monday, November 29, 2010
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