
JPMorgan Signals Up to $20B Acquisition Push Amid Surplus Capital
Jamie Dimon said JPMorgan could spend up to $10–$20 billion on an acquisition in the next couple of years, funded by roughly $40–$50 billion of excess capital freed by deregulation; he noted prices are high but the bank is patient and ready to act if a compelling deal arises. He also highlighted strong momentum in M&A and investment banking activity, with 2026 expenses expected to total about $106 billion as the bank continues to generate robust revenue.













