JPMorgan has a years-long, multi-faceted relationship with WeWork. Here’s what questions Wall Street analysts will have for the bank when it reports earnings next week.
Alex Wroblewski / Stringer/getty imagesJPMorgan CEO Jamie Dimon.Earnings season for big banks kicks off next Tuesday, with JPMorgan among the firms turning in third-quarter results. JPMorgan has worked with WeWork and its co-founder Adam Neumann in several capacities, including would-be lead underwriter on a recently failed IPO. No analysts we talked to called out specific expectations for JPMorgan writedowns on WeWork. Some said questions about the IPO are expected given its high profile. WeWork-related topics that could draw attention include JPMorgan’s lending situation with the company, and how it’s valuing WeWork investments. Other issues like rate cuts and net interest income are also in the spotlight. Click here for more BI Prime stories.Earnings season for big banks kicks off next