JPMorgan Beats Estimates on Debt-Valuation Changes

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Oct. 13 (Bloomberg) -- Gerard Cassidy, an analyst at RBC Capital Markets, talks about JPMorgan Chase & Co.'s third-quarter earnings reported today and the company's exposure to the European debt crisis. JPMorgan, the second-largest U.S. bank, said quarterly net income fell to $4.26 billion, or $1.02 a share. Cassidy speaks with Betty Liu on Bloomberg Television's "In the Loop." (Source: Bloomberg)

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