Tag: #US Banks
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JPMorgan Chase profits up on solid consumer lending
New York, Oct 15 (AFP/APP):JPMorgan Chase reported higher third-quarter profits Tuesday behind strength in key consumer banking businesses as Chief Executive Jamie Dimon offered a mixed economic outlook. The biggest US bank by assets, JPMorgan reported profits of $9.1 billion, up 8.4 percent from the year-ago period. Revenues were $29.3 billion, up 7.3 percent. The…