JPM kicks off 1Q with 10% dividend increase

April 14, 2015 2:35 PM

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JP Morgan Chase kicked of bank earnings seasons on a high note, reporting strong sales and earnings growth despite the drag of persistently low interest rates and ongoing legal expenses tied to government probes.

JP Morgan reported net income for the first quarter of $5.9 billion, or $1.45 a share, up 12% over this time last year.

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