.Daniel Pinto, JPMorgan's chief executive of corporate and expenditure banking company. Simon Dawson|Bloomberg|Getty ImagesJPMorgan Hunt portions dropped 7% Tuesday after the bank's president told analysts that assumptions for internet rate of interest earnings were as well optimistic.The existing estimate for NII-- among the major ways that banking companies make money-- of $89.5 billion is actually too high offered desires for rate of interest, JPMorgan president Daniel Pinto reckoned a viewers at an economic conference.The body "will definitely be reduced," he said.The action was the New York-based bank's worst drop since June 2020, depending on to FactSet.This tale is actually establishing. Please examine back for updates.