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JPMorgan Rides Market Volatility With Strong Revenues and Earnings

The bank kicked off the new U.S. corporate earnings reporting season with solid first-quarter results.
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JPMorgan Rides Market Volatility With Strong Revenues and Earnings
Chase Bank signage on Canal Street in New York City on Feb. 7, 2024. Michael M. Santiago/Getty Images
Panos Mourdoukoutas
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News Analysis

JPMorgan Chase & Co. started the earnings reporting season with solid first-quarter results, led by soaring trading, investment banking, and wealth management income. However, some weaknesses in traditional consumer and community banking moderated the overall gains.

Panos Mourdoukoutas
Panos Mourdoukoutas
Author
Panos Mourdoukoutas is a professor of economics at Long Island University in New York City. He also teaches security analysis at Columbia University. He’s been published in professional journals and magazines, including Forbes, Investopedia, Barron's, IBT, and Journal of Financial Research. He’s also the author of many books, including “Business Strategy in a Semiglobal Economy” and “China's Challenge.”