ru24.pro
News in English
Октябрь
2024

JPMorgan profit beats estimates on investment-banking strength, shares jump

0
JPMorgan Chase shares rose 5% following strong Q3 earnings driven by investment banking and interest payments. Net interest income grew 3%, and investment-banking fees surged 31%. CEO Jamie Dimon highlighted geopolitical risks. Provisions for credit losses increased to $3.11 billion amid rising lending.