Friday, 12 July 2013

JP Morgan posts 31% profits rise as trading rebounds



JP Morgan has recorded a profit of $6.5bn (£4.3bn) for the second quarter of 2013, up 31% from a year ago. The steep rise in profits is flattered by the heavy losses controversially incurred by the US banking giant's chief investment office last year. via Pocket http://www.bbc.co.uk/news/business-23286901#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa

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