JPMorgan

The labor market is rocky, costs are climbing, and uncertainty hangs over the economy. Yet consumers and businesses are showing few signs of strain — at least according to some of Wall Street’s biggest banks.Bank earnings season kicked off Tuesday with JPMorgan Chase and Citi reporting strong consumer spending and…

JPMorgan is warning junior bankers against taking future-dated jobs with buyout firms — or even sneaking out of job training to take interviews. On Wednesday, JPMorgan Chase’s top investment banking brass sent a memo to incoming first-year IB analysts warning them against participating in the private equity industry’s annual recruiting ritual.…