The JP Morgan Building in New York. Major US banks reported mixed fourth-quarter results on Friday as executives pointed to the rising odds of a 'mild recession' with inflation and interest rate hikes challenging households and businesses. AFP
The JP Morgan Building in New York. Major US banks reported mixed fourth-quarter results on Friday as executives pointed to the rising odds of a 'mild recession' with inflation and interest rate hikesShow more

Business

Banking

JP Morgan's Q4 profit beats estimates on surge in trading revenue

The lender's investment banking unit continued its poor run, with revenue down 57 per cent

Reuters

January 14, 2023

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