The bank agreed to pay $35 million to settle SEC charges it recommended high-risk ETFs to some customers; coronavirus fears continue to batter financial shares.
JPMorgan would consider buying other businesses; collectors would be allowed to pursue debt past the statute of limitations, if they warn borrowers.
We can all play a part in preparing for this and future outbreaks.
Other global health threats, such as SARS, did not have long-term impact on stocks. COVID-19 might be another matter.
Fear and worry are rampant. One client asked if any other client had recently returned from China.