JPMorgan Chase's CEO cited risks including deficit spending and the “remilitarization of the world.”
Fees from investment banking soared past analysts' estimates.
The bank says more than a dozen employees got the boot for using software tools to simulate work activity.
The new class of weight-loss drugs has exploded in popularity in recent months.
Commercial real estate is “fine” outside of office lending, one bank executive said.
JPMorgan Chase's chief said the private-credit industry has not yet been tested by bad markets.
The 68-year-old CEO moved some of his top lieutenants into new senior roles earlier this year.
The investment bank sees the emerging technology as worth between $1 billion and $1.5 billion.
The bank's shareholders meeting comes as the firm contends with a probe into its anti-money-laundering controls.
The bank's net interest income rose 11% in the first quarter from a year earlier, falling short of analyst expectations.