JP Morgan Chase profits exceeds expectations

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JP Morgan Chase profits exceeds expectations

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04-14-2010, 10:15 PM

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JP Morgan Chase profits exceeds expectations

Wall Street banking giant JPMorgan has today posted better-than-expected first quarter profits of $3.3 billion (£2.1 billion), compared with $702 million a year ago – when the world was gripped in the midst of the financial crisis. The results boosted bank stocks with the FTSE gaining 42 points to 5,804 – just a few points [...]

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