JPMorgan posts record profits
Apr 17th 2023 2:31am EDT
Revenues jumped in the first quarter as higher interest rates boosted the bank’s consumer business JPMorgan Chase reported first-quarter revenue this week that beat analysts’ expectations thanks to a nearly 50% surge in net interest income amid higher interest rates. The Wall Street bank posted a profit of $12.6 billion, or $4.10 per share, in the […]
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