What's Happened So Far at JPMorgan's Annual Investor Day?

The video discusses JP Morgan's Investor Day, highlighting key metrics like a 15% ROAE projection. CFO Marianne Lake emphasizes the need for better regulatory coordination. Analyst Mike Mayo, despite recent job loss, actively participates, challenging management. The event will conclude with a Q&A session. Financial insights reveal significant revenue impacts from credit card and mortgage sectors.

What is the projected ROAE for JP Morgan over the medium term?

• 25%

• 20%

• 15%

• 10%

What did Marianne Lake emphasize regarding regulatory agencies?

• Better coordination

• Focusing on smaller banks

• Reducing their influence

• Increasing their number

What was notable about Mike Mayo's participation in the event?

• He announced a new job

• He was absent from the event

• He attended despite CLSA's closure

• He was a keynote speaker

What financial area experienced a significant drop in revenue due to acquisition costs?

• Credit cards

• Corporate bonds

• Mortgages

• Personal loans

What was the total drag on revenue from credit card and mortgage areas?

• 500 million

• 700 million

• 1.3 billion

• 2 billion