March 18, 2013
With executives from JPMorgan Chase (NYSE: JPM ) having gotten a tongue-lashing at their recent appearance before a Senate Hearing Committee, should investors be concerned about the company? In this video, Motley Fool financial analysts Matt Koppenheffer and David Hanson discuss how far JPMorgan has come since its losses related to the London Whale incident. Matt puts those losses into perspective by looking at the company's net revenue on a longer timeline, and gives us his opinion of the Senate hearing.
With big finance firms still trading at deep discounts to their historic norms, investors everywhere are wondering if this is the new normal, or if finance stocks are a screaming buy today. The answer depends on the company, so to help figure out whether JPMorgan is a buy today, I invite you to read our premium research report on the company today. Click here now for instant access!