Friday 15 July 2022

JPMorgan profit takes a hit in second quarter, shares drop

JPMorgan profit takes a hit in second quarter, shares drop

Profits at JPMorgan Chase fell by 28% in the second quarter as the bank tries to navigate an economy that’s showing strength in many areas but losing steam as interest rates continue to rise, hitting consumers and corporations alike.
Read more: https://apnews.com/article/economy-jamie-dimon-44a0473acf0634287d224d01bf40f4a1?source=Snapzu

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