KTFA
FRANK26: "A DIAMOND IN THE ROUGH".......F26
S&P raises JPMorgan's rating by one notch
11/17/2024
S&P Global Ratings has raised its credit rating for JPMorgan by one notch, reflecting the bank's ability to withstand economic pressures in recent years.
The agency raised the bank's long-term rating to "A" with a stable outlook.
S&P confirmed that JPMorgan's rating is now among its highest for banks worldwide, pointing to the strength of its market share in the sector and its ability to manage costs effectively amid the bank's increasing business volume.