From CNBC: 2025-01-15 16:09:09

CEO of JPMorgan Chase, Jamie Dimon, attends summit in Paris to attract foreign investors. The bank plans to increase share buybacks with $35 billion in excess cash. Dimon previously refused to buy back stock at high prices, but stock has since risen 22%. Bank prepares for potential economic downturn.

Read more: JPMorgan Chase boosting buybacks after Dimon called stock expensive