JPMorgan Earns Surprise Profit

Credit: Wochit Business
Published on April 12, 2019 - Duration: 00:31s

JPMorgan Earns Surprise Profit

(Reuters) - JPMorgan Chase & Co reported a better-than-expected quarterly profit on Friday, as higher interest income and gains in the bankโ€™s advisory and debt underwriting business offset weakness in trading.

FILE PHOTO: People walk inside JP Morgan headquarters in New York, October 25, 2013.

Total investment banking revenue rose 10 percent, boosted by debt underwriting and advisory fees.

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JPMorgan Earns Surprise Profit

MONDAY, OCT.

21, 2013, FILE PHOTO THIS PHOTO WAS TAKEN BY AP IMAGES FOR JPMORGAN CHASE & CO.

THIS IMAGE WAS MADE BY AP IMAGES FOR JPMORGAN CHASE & CO.

TUESDAY, AUG.

16, 2016, PHOTO JAN.

14, 2015, FILE PHOTO

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