JPMorgan profit hit by Madoff, weaker investment banking – Reuters
Washington Post |
JPMorgan profit hit by Madoff, weaker investment banking
Reuters (Reuters) – JPMorgan Chase & Co (JPM.N) posted a 7.3 percent decline in quarterly profit on Tuesday, as legal woes and weak demand for investment banking services capped off a tough year for Chief Executive Jamie Dimon. The largest U.S. bank had $ 1.1 … JPMorgan Stock a Buy Amid Improving Outlook Madoff, financial crisis settlements hit JPMorgan's earnings Analysis – JPMorgan set to reap rewards of playing it safe on rates |
