JPMorgan Profit Sinks to Lowest Since 2013 on Virus Fallout
JPMorgan Chase & Co. said first-quarter profit tumbled 69% to the lowest in more than six years as credit costs surged, giving investors a first glimpse at the extent of the damage Covid-19 is wreaking on bank results.
JPMorgan Chase & Co. said first-quarter profit tumbled 69% to the lowest in more than six years as credit costs surged, giving investors a first glimpse at the extent of the damage Covid-19 is wreaking on bank results.
Read in Bloomberg: https://apple.news/AQPqRlAYiTy6-TbuEy1UAJg
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