JPMorgan (NYSE: JPM) released its results on Tuesday, which beat expectations. In early March, the bank’s CEO Jamie Dimon told investors that a volatility spike led to higher revenues than the previous year. The newly-posted results are in-line with Dimon’s announcement, with trading revenues rising for the first time since the financial crisis.
JPMorgan, the largest bank by assets in the United States, reported an 8% increase in revenue year-over-year in its investment banking division. The company also saw a 19% increase in earnings due to trading revenues increase of 7% increase to $6.5 billion. The investment banking division saw revenu...
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