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02.07.2020, 00:37

JPMorgan Trading Surge Helps Fuel Most Profitable Year Ever

JPMorgan Trading Surge Helps Fuel Most Profitable Year Ever

Fortune Jan. 14, 2020

JPMorgan Trading Surge Helps Fuel Most Profitable Year Ever

JPMorgan Chase & Co. just posted the best year for any U.S. bank in history.

Fueled by a rebound in trading, especially in fixed income, the company said profit jumped 21% in the fourth quarter, pushing annual earnings to a record $36.4 billion. The announcement led off this week’s round of industry profit reports on a high note, though analysts are predicting results for 2020 will come back down to earth.

REad more .....

15.01.2020, 01:30 von COO | 79 Aufrufe

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