JPMorgan Profit Beats Estimates on Bond Trading, Loan Growth

  • Revenue increases 2.8% as fixed-income trading tops estimates
  • Loan growth and higher rates boost second-quarter revenue

David George: JPMorgan a Story of Fees Beating Estimates

JPMorgan Chase & Co., the biggest U.S. bank by assets, said second-quarter profit fell 1.4 percent, beating analysts’ estimates as fixed-income trading revenue and loan growth jumped.

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