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JPMorgan Chase reported higher second-quarter profits Friday thanks to better results in investment banking and a gain on Visa shares, although earnings
JPMorgan Chase reported higher second-quarter profits Friday thanks to better results in investment banking and a gain on Visa shares, although earnings were dampened by higher costs for bad loans. Profits at the big US bank came in at $18.1 billion, up 25 percent from the year-ago period. The earnings were boosted by a $7.9 […]
The post JPMorgan Chase profits jump despite higher costs for bad loans appeared first on Insider Paper.
https://insiderpaper.com/jpmorgan-chase-profits-jump-despite-higher-costs-for-bad-loans/
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