JPMorgan Chase & Co. (JPM): Three Signs That It Is Giving Up

3. JPMorgan considers many investment banks a lousy investment
Yes, that’s right. Even though JPMorgan Chase & Co. (NYSE:JPM) ranks first in investment banking fees, it recently released a paper saying that top-tier investment banks are “uninvestable,” suggesting that perhaps entities like Bank of America Corp (NYSE:BAC) and Citigroup Inc. (NYSE:C) would be a better bet for investors.

Why does JPMorgan say that a group of which it is a member is no longer a good deal? The bank’s analysts note that rivals like Goldman Sachs Group, Inc. (NYSE:GS) and Deutsche Bank AG (USA) (NYSE:DB) face a slew of new regulations that may affect earnings, as well as concerns with future capital restrictions. JPMorgan didn’t mention itself in this report, but The New York Times predicts some “uneasy reading” for JPMorgan executives.

Has JPMorgan lost its groove? These three recent signals are worrying, but 2013 is still young. Perhaps the bank will clear the clouds off its horizon and get back its mojo or, just possibly, it has a plan for success that isn’t apparent to the investment community. Time will tell, but JPMorgan Chase & Co. (NYSE:JPM) may be signaling the advent of tough banking times, and very soon.

The article 3 Signs That JPMorgan Chase Is Giving Up originally appeared on Fool.com and is written by Amanda Alix.

Fool contributor Amanda Alix has no position in any stocks mentioned. The Motley Fool recommends Goldman Sachs and Wells Fargo. It owns shares of Bank of America, Citigroup, JPMorgan Chase, and Wells Fargo.

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