J.P. Morgan Chase earnings up -- WORLDTRADEMARKETS.COM

[ Show ]

Support VoyForums

[ Shrink ]

VoyForums Announcement: Programming and providing support for this service has been a labor of love since 1997. We are one of the few services online who values our users' privacy, and have never sold your information. We have even fought hard to defend your privacy in legal cases; however, we've done it with almost no financial support -- paying out of pocket to continue providing the service. Due to the issues imposed on us by advertisers, we also stopped hosting most ads on the forums many years ago. We hope you appreciate our efforts.

Show your support by donating any amount. (Note: We are still technically a for-profit company, so your contribution is not tax-deductible.) PayPal Acct: Feedback:

Donate to VoyForums (PayPal):

[ Login ] [ Contact Forum Admin ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: 1, [2] ]

Subject: J.P. Morgan Chase earnings up

Author:
JP Trader

[ Next Thread | Previous Thread | Next Message | Previous Message ]

Date Posted: 11:18:03 10/22/03 Wed

J.P. Morgan Chase earnings up

Rise in investment banking fees helps nation's No. 2 bank in 3Q, but shares slip in midday trading.
October 22, 2003: 11:37 AM EDT

NEW YORK (Reuters) - J.P. Morgan Chase & Co., the No. 2 U.S. bank by assets, said Wednesday profit rose to $1.63 billion in the third quarter as it set aside less money for bad loans, and as fees from investment banking rose.

J.P. Morgan Chase (JPM: Research, Estimates) shares, which are up more than 50 percent this year, fell more than 4 percent nearing midday Wednesday.

[ Next Thread | Previous Thread | Next Message | Previous Message ]