Monday, 21 April 2025

JP Morgan’s profits exceed expectations, up 35% during Q3‎

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Profits of JPMorgan, the largest American bank, exceeded expectations and rose 35% during the third quarter to $13 billion, supported by rising interest rates.‎

JP Morgan Chase CEO Jamie Dimon warned in an internal memo to employees that the conflict in the Middle East would have “ripple effects extending beyond the region.”

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