In this video from Thursday's Boxing Day edition of Investor Beat, host Chris Hill and Motley Fool financials analyst Matt Koppenheffer take a look at JPMorgan Chase (NYSE:JPM), and why the company struggled so much in 2013.
Despite being hailed as one of the greatest bankers of today only a few short years ago, the public's perception of JPMorgan CEO Jamie Dimon has taken a sharp turn for the worse because of the company's recent struggles and tribulations. Matt discusses why some of the criticism of Dimon himself may be unwarranted, but why the fines, accusations, and settlements directed at the whole of JPMorgan were likely for legitimate wrongdoing, with a dent in the company's reputation being a natural result.
Chris Hill has no position in any stocks mentioned. Matt Koppenheffer owns shares of JPMorgan Chase. The Motley Fool owns shares of JPMorgan Chase. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
More from The Motley Fool
These Bank Bets Put Even Bitcoin to Shame
Find out why you have less than a year left to use some of these unusual investments.
JPMorgan Chase (JPM) Q4 2017 Earnings Conference Call Transcript
JPM earnings call for the period ending December 31, 2017.
What Happened in the Stock Market Today
As stocks closed a record-breaking week with more big gains, shares of JPMorgan Chase and BlackRock rose after the companies reported earnings.