Dick Bove Continues to Defend JPMorgan

Earlier on CNBC, financial analyst Dick Bove appeared to give his take on JPMorgan

he remained steadfast in his defense of the company. Bove stated that the bank's recent asset sales would not have any meaningful impact on the company in the longer term. He stated that the stock was selling at a 25% discount to book value and that he would be buying at this level.