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Why Isn't JPMorgan Chase Too Big to Fail?
On Thursday, JPMorgan Chase ( JPM ) will report its Q1 earnings. The results will probably be “not horrible.” Which isn’t bad, not to mention horrible. The reason I mention JPM is that the bank hasn’t reported a single money-losing quarter since the crisis broke. That puts them in small ...
Banks Face $400 Billion More in Losses, JPMorgan Says (Update1)
bloomberg.com — April 20 (Bloomberg) -- Banks are likely to realize about $400 billion more in losses on soured... assets, requiring further injections of government capital, JPMorgan Chase & Co. said. Banks will need to set aside about $215 billion more in reserves ... (more) Banks Face $400 Billion More in Losses, JPMorgan Says ...
JPMorgan Chase posts better-than-expected profit
jecknews-jeck.blogspot.com — JPMorgan Chase said Thursday it earned $2.14 billion for the first quarter, thanks to a boost in... trading activity and deposits. The profit was 10 percent lower than last year, but better than expected. JPMorgan has not posted a quarterly loss since the financial crisis began. Like other banks, ... (more) JPMorgan Chase posts better-than-expected profit
JPMorgan profit tops view
hf-implode.com — " JPMorgan Chase & Co reported better-than-expected first-quarter profit as improved investment banking performance offset increased losses... from credit cards and other consumer debt, sending its shares up as much as 4.5 percent." (more) JPMorgan profit tops view
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