NEW YORK, May 19 (Reuters) - JPMorgan Chase ( JPM ) said
it was expecting the card services net charge-off rate, which
represents the proportion of credit card debt the bank does not
expect to collect, to be between 3.6% and 3.9% for 2026.
That is higher than the 3.6% net charge-off rate the bank is
expecting for 2025, it said on Monday.
(Reporting by Nupur Anand in New York and Niket Nishant in
Bengaluru; Editing by Anil D'Silva)