01-01-1970 12:00 AM | Source: Reuters
JPMorgan profit falls on trading slowdown
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
JPMorgan Chase & Co reported a fall in fourth-quarter earnings on Friday as a weaker performance at its trading arm took the shine off a boom in investment banking.
The largest U.S. bank by assets posted a profit of $10.4 billion, or $3.33 per share, in the quarter ended Dec. 31, compared with $12.1 billion, or $3.79 per share, a year earlier.
Analysts on average had expected earnings of $3.01 per share, according to Refinitiv.
Latest News
Quote on?Budget 2024 by Mr. Ashish Khandelia, Founde...
Evening Roundup : A Daily Report on Bullion Energy &...
Stable Soyabean Acreage Despite Regional Shifts : SO...
Quote on Gold and Crude by Kaynat Chainwala, AVP-Com...
Daily Market Commentary : Nifty witnessed a post-bud...
Quote on Post Budget by Ravi Kaushik, Executive Dire...
Market Wrap Up by Shrikant Chouhan, Head Equity Rese...
India emerging superpower of 21st century: UK Foreig...
Quote on Post Budget by Nikunj Agarwal - Head - Fund...
Abolishing angel tax to benefit entire Indian startu...
