JPMorgan Chase & Co. (LON:JPM) Files An 8-K Regulation FD Disclosure

ME Staff 8-k

7 years ago

JPMorgan Chase & Co. (LON:JPM) Files An 8-K Regulation FD DisclosureItem 7.01 Regulation FD Disclosure.

On June 21, 2018, JPMorgan Chase & Co. (“JPMorgan Chase” or the “Firm”) released the results of its company-run 2018 Dodd-Frank Act Stress Test (“DFAST”) for JPMorgan Chase and certain select subsidiaries that are subject to the DFAST rules. A copy of that information is attached as Exhibit 99.

The company-run 2018 DFAST results are being furnished to Item 7.01, and the information contained therein shall not be deemed “filed” for purposes of Section18 of the Securities Exchange Act of 1934, or otherwise subject to the liabilities under that Section. Furthermore, the information contained in Exhibit 99 shall not be deemed to be incorporated by reference into the filings of the Firm under the Securities Act of 1933.

The DFAST results reflect the hypothetical economic scenario and market shock assumptions provided by the Board of Governors of the Federal Reserve System (the “Federal Reserve Board”) in the Supervisory Severely Adverse scenario which are available on the Federal Reserve Board's website (https://www.federalreserve.gov/supervisionreg/dfa-stress-tests.htm). The furnishing of the stress test results by JPMorgan Chase should not be taken as an indication of the Federal Reserve Board’s judgment or analysis regarding JPMorgan Chase’s proposed capital actions. Investors are cautioned not to draw any inferences from this information about the Federal Reserve Board’s determination with respect to the Firm’s capital plan and proposed capital actions. Among other things, that determination will be based on qualitative, as well as quantitative, factors. The Federal Reserve Board has indicated that it will publicly disclose on June 28, 2018, the results of the 2018 Comprehensive Capital Analysis and Review (“CCAR”), and whether or not it has objected to the Firm’s proposed capital plan and proposed capital actions.

This Current Report on Form 8-K (including the Exhibit hereto) contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the current beliefs and expectations of JPMorgan Chase’s management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. Factors that could cause JPMorgan Chase’s actual results to differ materially from those described in the forward-looking statements can be found in JPMorgan Chase’s Annual Report on Form 10-K for the year ended December31, 2017 and Quarterly Report on Form 10-Q for the quarter ended March 31, 2018, which have been filed with the Securities and Exchange Commission and are available on JPMorgan Chase’s website (http://investor.shareholder.com/jpmorganchase/sec.cfm) and on the Securities and Exchange Commission’s website (www.sec.gov). JPMorgan Chase does not undertake to update any forward-looking statements.

Item 7.01 Financial Statements and Exhibit.

(d)Exhibit

JPMORGAN CHASE & CO ExhibitEX-99 2 jpmc2018ccardfastresults.htm 2018 ANNUAL STRESS TEST DISCLOSURE – DFAST RESULTS jpmc2018ccardfastresults 2018 Annual Stress Test Disclosure Dodd-Frank Act Stress Test Results Supervisory Severely Adverse Scenario June 21,…To view the full exhibit click here