Trading revenue surged 20% to $5.9 billionFacebook Twitter Print Email By James Langford FOXBusinessVideo JPMorgan Chase, the nation's largest lender, posted higher profit than Wall Street expected as trading income spiked amid volatility from the U.S. presidential election and its mortgage ...
The presentation is available on JPMorgan Chase's website. Please refer to the disclaimer in the back concerning forward-looking statements. Please stand by. At this time, I would like to turn the call over to JPMorgan Chase's chairman and CEO, Jamie Dimon, and chief financial officer, Je...
JPMorgan shares rose 1.2% before the bell. Wells Fargo also topped profit expectations Wednesday with a nearly 50% jump in net income, with earnings of $5.1 billion in the fourth quarter, or $1.43 per share. Revenue came in at $20.4 billion, a touch lower than expectations. In t...
JPMorgan CEO Jamie Dimon was awarded an 8.3% pay rise in 2024, with his total compensation package coming to $39 million. JPMorgan CEO Jamie Dimon’s annual compensation for 2024 rose to $39 million as the bank reported record-breaking revenue for the seventh year running. In an SEC ...
JPMorgan's fixed income trading business also helped the bank beat expectations, posting $5.7 billion in revenue, or about $400 million more than expected. Equities trading revenue of $2.7 billion was below the $2.86 billion estimate.
Revenue:US$121.65 billion (2021) Operating income:US$59.562 billion (2021) Net income:US$48.3 billion (2021) Total assets:US$3.831 trillion (2021) Total equity:US$294.1 billion (2021) Details Headquarters: 383 Madison Avenue New York, NY 10179 ...
While SEC officials said the $125 million penalty is its largest record-keeping fine to date, the bigger threat to JPMorgan may be reputational. By going after JPMorgan, the world's biggest Wall Street firm by total revenue, the SEC has put the industry on notice. ...
Revenue fell 19% in JPMorgan’s corporate and investment bank and was up 3% in its consumer bank. Loan balances grew 3% but with interest rates still near zero, the bank’s lending profits fell again.
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One bright side of the quarter came from stock trading, which also has been plagued by low volatility this year. Revenue in Citigroup's equity-markets division climbed 16% to $757 million, reflecting gains from transactions conducted on exchanges as well as fromand trading loans. ...