BUSINESSWTOP DC
JPMorgan Chase profit hits $16.9 billion in the second quarter, boosted again by market volatility
JPMorgan Chase reported a $16.9 billion profit in the second quarter, driven by record revenue across all business lines, particularly in equities trading fueled by market volatility from the war in Iran. The bank's investment banking division revenue rose 30%, with analysts forecasting continued strong M&A and IPO activity through 2026.
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- JPMorgan Chase profit hits $16.9 billion in the second quarter, boosted again by market volatility
- JPMorgan Chase profit hits $16.9 billion in the second quarter, boosted again by market volatility
- JPMorgan Chase profit hits $16.9 billion in the second quarter, boosted again by market volatility
- JPMorgan Sees Record Profit as Stock-Trading Climbs 86%
- JPMorgan beats profit expectations by the most in five years, as equity-markets revenue surges
- Wells Fargo's profit surged past expectations on wealth and investment banking gains