14 July 2026 at 7:33 pm
Summary
JPMorgan Chase announced record profits for the second quarter, driven by significant growth in investment banking and trading revenues. Despite this success, share prices dipped after the bank raised its expense forecasts for 2026, even as net interest income continued to rise.
JPMorgan CEO Jamie Dimon Hails Wall Street's £36 Billion Bank Profit Bonanza Amid Global Volatility
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