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JPMorgan profit gets boost from trading, underwriting

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(Reuters) - JPMorgan Chase & Co , the largest U.S. bank, posted a 21% rise in quarterly profit on Tuesday, driven by strength in its trading business and higher underwriting fees.The bank's net income rose to $8.52 billion, or $2.57 per share, in the quarter ended Dec. 31, from $7.07 billion, or $1.98 per share, a year earlier. (https://bit.ly/36Okhjg)Analysts on average had expected the bank to..
Date Published: Jan 14, 2020
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