JPMorgan reported second-quarter earnings of $ 4.7 billion, down from $ 9.7 billion a year ago. However, earnings per share only fell to $ 1.38, easily exceeding Wall Street expectations. Revenue rose 15% to a record $ 33 billion, beating estimates. Jamie Dimon, CEO of JPMorgan, made a cautious note …
Read More »JPMorgan profits plummet as credit costs rise due to economic uncertainty
