The bright spots for JPMorgan included stock- and bond-trading results that both beat, as well as better-than expected investment banking results.
Jamie Dimon, the CEO of JPMorgan Chase, said on Tuesday that he’s still five years away from retiring Two years ago, Dimon said the same thing – that he would retire in five years When asked about his future plans on Tuesday, Dimon said his “statement stays the same, it’s […]
JPMorgan Chase beat its expectations in its 3rd quarter earnings, which were released on Tuesday morning, as reported record revenues of $US29.3 billion. The bank’s Markets revenue was $US5.1 billion, up 14% and Fixed Income Markets was $US3.6 billion, up 25% compared to the prior year which reflected less favourable […]
JPMorgan topped analyst expectations for first-quarter earnings on Friday. The bank said profit jumped 35% thanks to lower taxes and rising interest rates. Follow JPMorgan’s stock price in real-time here. Shares of JPMorgan rose about 1.4% in early trading Friday after the bank reported earnings that beat Wall Street’s expectations […]