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Tag: JPMorgan Chase shares

Activity, Capital and Risk, Investment Banking, Trading

JPMorgan Chase beats profit estimates on strong trading, $5.2 billion release of loan-loss reserves

April 14, 2021

Via: CNBC

JPMorgan Chase on Wednesday reported profit and revenue that exceeded analysts’ expectations on robust trading results and a $5.2 billion benefit from releasing money it had previously set aside for loan losses that didn’t develop. The bank posted first-quarter profit […]