8-K 1 jpmc2016ccarform8k.htm FORM 8-K Document



 
 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (date of earliest event reported): June 23, 2016

JPMorgan Chase & Co.
(Exact name of registrant as specified in its charter)
Delaware
1-5805
13-2624428
(State or other jurisdiction of
incorporation or organization)
(Commission File Number)
(I.R.S. employer
identification no.)
 
 
 
270 Park Avenue, New York, New York
 
10017
(Address of principal executive offices)
 
(Zip Code)

Registrant’s telephone number, including area code: (212) 270-6000



Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 









Item 7.01 Regulation FD Disclosure.

On June 23, 2016, JPMorgan Chase & Co. (“JPMorgan Chase” or the “Firm”) released the results of its company-run 2016 Dodd-Frank Act Stress Test (“DFAST”) for JPMorgan Chase & Co. and certain select subsidiaries that are subject to the DFAST rules. A copy of that information is attached as Exhibit 99.1.
The company-run 2016 DFAST Disclosure is being furnished pursuant to Item 7.01, and the information contained therein shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liabilities under that Section. Furthermore, the information contained in Exhibit 99.1 shall not be deemed to be incorporated by reference into the filings of the Firm under the Securities Act of 1933.
The DFAST results reflect the hypothetical economic scenario and market shock assumptions provided by the Board of Governors of the Federal Reserve System (the “Federal Reserve Board”) in the Supervisory Severely Adverse scenario which are available on the Federal Reserve Board's website (http://www.federalreserve.gov/bankinforeg/ccar.htm). The furnishing of the stress test results by JPMorgan Chase should not be taken as an indication of the Federal Reserve Board’s judgment or analysis regarding JPMorgan Chase’s proposed capital actions. Investors are cautioned not to draw any inferences from this information about the Federal Reserve Board's determination with respect to the Firm’s capital plan and proposed capital actions. Among other things, that determination will be based on qualitative, as well as quantitative, factors. The Federal Reserve Board has indicated that it will publicly disclose on June 29, 2016, the results of the 2016 Comprehensive Capital Analysis and Review (“CCAR”), and whether or not it has objected to the Firm’s proposed capital plan and proposed capital actions.
This Current Report on Form 8-K (including the Exhibit hereto) contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the current beliefs and expectations of JPMorgan Chase’s management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. Factors that could cause JPMorgan Chase’s actual results to differ materially from those described in the forward-looking statements can be found in JPMorgan Chase’s Annual Report on Form 10-K for the year ended December 31, 2015 and Quarterly Report on Form 10-Q for the quarter ended March 31, 2016, which have been filed with the Securities and Exchange Commission and are available on JPMorgan Chase's website (http://investor.shareholder.com/jpmorganchase/sec.cfm) and on the Securities and Exchange Commission's website (www.sec.gov). JPMorgan Chase does not undertake to update the forward-looking statements to reflect the impact of circumstances or events that may arise after the date of the forward-looking statements.



Item 9.01 Financial Statements and Exhibit.

(d)    Exhibit
 
 
 
Exhibit No.
 
Description of Exhibit
 
 
 
99.1
 
2016 Annual Stress Test Disclosure - DFAST results


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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
JPMorgan Chase & Co.
(Registrant)


By:
/s/ Neila B. Radin
 
Neila B. Radin
 
Managing Director
 
 


Dated:
June 23, 2016




























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INDEX TO EXHIBIT
 
 
 
Exhibit No.
 
Description of Exhibit
 
 
 
99.1
 
2016 Annual Stress Test Disclosure - DFAST results


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