.Daniel Pinto, JPMorgan's ceo of business and assets financial institution. Simon Dawson|Bloomberg|Getty ImagesJPMorgan Chase shares dropped 7% Tuesday after the banking company's head of state told analysts that requirements for net passion income were also optimistic.The existing estimation for NII-- one of the main manner ins which banks make money-- of $89.5 billion is excessive provided expectations for rates of interest, JPMorgan president Daniel Pinto predicted a viewers at a financial conference.The figure "will be reduced," he said.The move was actually the New York-based financial institution's worst fall considering that June 2020, according to FactSet.This tale is actually cultivating. Feel free to inspect back for updates.