JPMorgan Chase posts $5.3B 4Q profit

JPMorgan Chase posts $5.3B 4Q profit

JPMorgan’s consumer bank, the firm’s largest division by profit and revenue, reported strong results. chase earned .41 billion, up 10 percent from a year earlier.

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JPMorgan Chase & Co. (nyse:jpm) posted fourth-quarter (4Q) profit gains of 24% as post-election trading boosted earnings per share. The nation’s biggest bank by assets was expected to report a.

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American Express posts 4Q profit that tops forecasts. NEW YORK. with big banks such as JPMorgan Chase and Citigroup creating their own premium credit card products to compete with AmEx.

 · Investment bank goldman sachs swung to a fourth-quarter profit, as the bank’s advisory business helped offset a difficult quarter in trading, given the turbulent markets in late 2018. Like other banks, Goldman Sachs had to make an accounting adjustment to its books after the passage of the 2017

JPMorgan Chase reports its fourth quarter earnings fell about seven percent to $5.3 billion. Profits at the nation’s largest bank took a hit because of legal costs, plus more MoneyWatch headlines.

NEW YORK (CNNMoney) – JPMorgan Chase continues to benefit from a US economy that’s still humming along. The giant bank reported a profit of $8.3 billion for the second quarter Friday, an increase.

NEW YORK (CNNMoney) – JPMorgan Chase continues to benefit from a US economy that’s still humming along. The giant bank reported a profit of $8.3 billion for the second quarter Friday, an increase.

WSJ pC1 "Chill wind hits global stocks" by Saumya Vaishampayan, Dan Strumpf, Corrie Driebusch says a decline in US retail sales & lackluster results from 2 large banks on Wed, Wells Fargo & JPMorgan, rocked confidence in the US economy causing the market to fall. JPMorgan is charted under bad news as its 4Q profit fell 6.6% due to legal expenses.

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 · NEW YORK (AP) – American Express swung to a fourth-quarter profit, the credit card company said Thursday, helped by a lower tax rate and more spending on the company’s namesake credit cards. The New York-based company earned $2.01 billion, or $2.32 a share, compared with a loss of $1.21 billion, or $1.42 a share, from the same period a year earlier.

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