Financial Times FT.com

US banks

JPMorgan eyes growth after bail-out

By Greg Farrell in New York

Published: October 15 2008 19:40 | Last updated: October 15 2008 19:40

Jamie Dimon, the chief executive of JPMorgan Chase, said on Wednesday the US government’s $25bn injection of capital into the bank could present it with growth opportunities that were not open to some of its troubled competitors. 

Mr Dimon’s comments came on the heels of the bank’s third-quarter earnings announcement, in which JPMorgan Chase reported net income of $527m, or 11 cents per share.

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