JPMorgan Chase posts record profit as the bank’s massive scale pays off
The bank said profit rose 50% to $14 billion in the fourth quarter as noninterest expenses fell 7% from a year earlier.
JPMorgan earns biggest-ever annual profit as investment bankers ride rebound
JPMorgan Chase's annual profit rose to a record as its dealmakers and traders reaped a windfall from rebounding markets in ...
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Equities Jump Intraday After CPI Report, Bank Earnings
US benchmark equity indexes rallied intraday, while Treasury yields plunged as markets evaluated the latest consumer inflation report and earnings from major banks. The Nasdaq Composite was up 2.3% at ...
Wall Street is more likely to see a 'positive surprise' this earnings season, says one strategist
Financial markets were restoring calm after a softer-than-expected December consumer-price inflation report spurred a sharp rally in U.S. stocks and a plunge in Treasury yields. Now investor focus is ...
JPMorgan Earnings: Fundamentals Remain Robust, but Implied Expectations Are a Bit Too Optimistic
JPMorgan’s fundamental performance remains rock solid, as it reported fourth-quarter earnings of $4.81 per share, equating to ...
How Labor Market Tensions Are Shifting the Advantage to Employers
After commanding better salaries, benefits, and work arrangements for most of the post-pandemic period, employees see the ...