The company’s officials estimate its annual pretax income can rise from $24 billion last year to between $44 billion and $47 billion in the next three years. JPMorgan plans to use better technology to try and improve customer interactions and will invest $1.4 billion in technology initiatives this year.
JPMorgan’s stock hit an all-time closing high Feb. 26 at $118.77, an 11 percent increase for the year to date.
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