JPMorgan consumer banking boss Marianne Lake on Trump, the Fed and 2025

Published On Dec 15, 2024, 9:00 AM

Marianne Lake, head of consumer banking at JPMorgan, expressed a positive outlook for the bank as it approaches 2025, suggesting a potential increase in investment banking revenues and lending fueled by a possible Republican government. She noted that JPMorgan is experiencing significant growth in deposits and is expanding its branch network. Additionally, she addressed regulatory challenges but remains optimistic about collaboration with the incoming administration, expecting some proposals may be reversed. Lake also believes the Federal Reserve is steering the economy towards a soft landing, which could further improve bank conditions.

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Stock Forecasts

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Positive

With the optimistic outlook from JPMorgan's leadership and expectations for increased revenues, particularly in investment banking, as well as possible easing of regulations under a new administration, JPM is likely to see positive movement. Given the bank's growth trajectory and plans to expand its branch network, this bodes well for investor confidence.

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