JPMorgan Results Weakened by Europe, Townsend Says

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Jan. 13 (Bloomberg) -- Gary Townsend, a founder of Hill-Townsend LLC, talks about JPMorgan Chase & Co.'s fourth-quarter earnings reported today. The largest U.S. bank by assets said net income fell 23 percent to $3.73 billion, or 90 cents a share, as trading revenue and investment-banking fees declined. Townsend speaks with Mark Crumpton Bloomberg Television's "Bottom Line." (Source: Bloomberg)

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