Forum locked This topic is locked, you cannot edit posts or make further replies.  [ 1 post ] 

Board index : Special Needs : BB feature suggestions

Author Message
 Post subject: JP Morgan reports 47% profit jump
PostPosted: Sat Jan 15, 2011 3:14 am 
Offline
High School Poet

Joined: Tue Dec 28, 2010 12:57 am
Posts: 105
coach outlet coupon report,JP Morgan Chase has reported a jump in fourth-quarter net income, as it set aside less money to cover potential losses on bad loans.

Profit in the last three months of 2010 came in at $4.8bn (3bn), marking a rise of 47% on a year earlier. Revenue increased 6% to $26.7bn.

For the full-year, the bank made a record profit of $17.4bn, ahead of analysts' forecasts of $16.7bn.
coach wallet
JP Morgan is the first of the big Wall Street banks to report.

"Although we continue to face challenges, there are signs of stability and growth returning to both the global capital markets and the US economy," said chief executive Jamie Dimon.


Back to top
 Profile  
 
Display posts from previous:  Sort by  
Forum locked This topic is locked, you cannot edit posts or make further replies.  [ 1 post ] 

Board index : Special Needs : BB feature suggestions


Who is online

Users browsing this forum: No registered users and 14 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum

Search for:
Jump to:  
Style by Midnight Phoenix & N.Design Studio
Powered by phpBB © 2000, 2002, 2005, 2007 phpBB Group.