J.P. Morgan faced 23% profit drop

Note: This section contains information in English only.
Source: Marketwatch
On of US leading banks J.P. Morgan Chase & Co reported 23% decline in its fourth quarter earnings as income from investment banking tumbled. Bank's investment banking division reported a drop of 52% in profit. In total J.P. Morgan posted a net income of $3.73 bn or $0.9 a share compared to $4.83 bn or $1.12 per share a year before.
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