Reported 8 days ago
JPMorgan Chase & Co. has been upgraded by S&P Global Ratings, reflecting its resilience in navigating economic challenges and significant market share growth over the past decade. The firm’s long-term issuer credit rating was adjusted to A with a stable outlook, largely due to its robust market positioning and strong profitability, which exceeded previous records. S&P emphasized the benefits of JPMorgan's diverse operations and strategies for future growth, while also noting the continued importance of regulations in assessing the bank's stability.
Source: YAHOO