FILE - Pedestrians approach JPMorgan Chase headquarters on Dec. 29, 2023, in New York. JP Morgan reports earnings on Friday, April 12, 2024. –
Most metrics of JPMorgan's business were solid for the quarter. While investment banking revenues were largely flat, the bank reported an uptick in activity. In the consumer bank, profits were up 6% while the bank set aside less money to cover potentially bad loans. Wells Fargo issued its first earnings report since the Biden administration eased some of the restrictions on the bank after a series of scandals.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: