JPMorgan's profit spikes 155% as US economy booms
CNN
JPMorgan Chase is minting money as the US economy races back from the pandemic.
America's largest bank said Tuesday it hauled in $11.9 billion in profit during the second quarter, up 155% from the same period of 2020. JPMorgan's (JPM) growth was driven in part by $3 billion of net reserve releases that underscore the bank's confidence in the economic recovery.More Related News
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