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Big banks’ profits jump after a strong Wall Street quarter
JPMorgan Chief Executive Jamie Dimon said market conditions were nearly at their best after the bank reported a sharp profit gain.
Big banks reported a sharp rise in profits after another strong quarter for Wall Street activity, according to the WSJ Markets.
WSJ Markets highlights JPMorgan, where CEO Jamie Dimon characterized conditions as nearly “as good as it gets” following the firm’s reported surge in profit.
The report ties the earnings strength to the broader momentum in capital markets and trading during the quarter, which supported results across large lenders.
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