JPMorgan Chase Tag

13 Jan JPMorgan’s annual profit surges to record even as quarterly net income dips

The bank expects full-year NII of US$90 billion. That was higher than estimates of US$86.2 billion, according to LSEG data. In the quarter, NII rose 19 per cent to a record of US$24.2 billion.Shares hit record-high after markets open but corrected during trading hours and...