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“JPMorgan Chase tops second-quarter revenue expectations on strong investment banking” [Jul 12 2024]

“…

  • JPMorgan Chase on Friday posted second-quarter profit and revenue that topped analysts’ expectations as investment banking fees surged 52% from a year earlier.
  • Revenue rose 20% to $50.99 billion, topping the consensus estimate of analysts surveyed by LSEG.
  • CEO Jamie Dimon noted in the release that his firm was wary of potential future risks, including higher-than-expected inflation and interest rates.

…”

https://www.cnbc.com/2024/07/12/jpmorgan-chase-jpm-earnings-q2-2024.html

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