The move follows Wells Fargo's retrenchment from parts of the mortgage market as the coronavirus pandemic took hold in the U.S.
Dimon was asked for his opinion on the valuation of the biggest U.S. bank by assets.
A conversation about the latest market-moving news, including progress on a coronavirus vaccine candidate.
Dow futures are pointing to a modestly lower Wall Street open, following Monday's 900-plus point surge.
Dow futures point to a modestly lower open Tuesday, erasing most of their earlier losses after Dow stock Walmart soared following its earnings report.
Dimon detailed the steps his firm has taken to support customers and employees since the crisis began two months ago.
The discourse among CEOs and elected officials has turned to when the economy can be reopened.
The big banks wrapped up earnings with mixed results. Mark Tepper of Strategic Wealth Partners says only one looks like a buy.
Businesses from banks to automakers are pondering how to balance the desire to jumpstart the economy with the need to protect employees' health.
JPMorgan is the biggest U.S. bank by assets and a bellwether for the industry
U.S. stock futures point to a strong advance for the Dow at Tuesday's open as JPMorgan and J&J kick off earnings season.
A discussion about the latest market-moving news, including an improving coronavirus outlook and the start of the earnings season.
Covid-19 has infected more than 1,949,200 people around the world as of Tuesday, killing at least 123,348 people.
JPMorgan is the first major U.S. bank to report earnings in a period marked by the coronavirus pandemic.
After JPMorgan CEO Jamie Dimon warned 2020 earnings could be "meaningfully lower," some wonder whether the stock is a buy one week before the report.
Dow futures pointed to a jump at Monday's open as improved coronavirus data in Europe offered hope for the United States.
The possibility of JPMorgan cutting its dividend is likely to reverberate among bank investors and analysts.
The coronavirus has infected more than 1,337,749 people as of Monday and killed at least 74,169 people.
Dow futures point to a jump at Monday's open as improved coronavirus data in Europe offered hope for the United States.
In his annual shareholders letter, Dimon also warned that the bank may have to consider suspending its dividend.