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US Banks, Led by JPMorgan Chase, Report Strong Quarterly Profits

JPMorgan Chase announced a record-breaking profit of $16.9 billion in the second quarter, marking the highest quarterly profit in US banking history, with other major US banks like Goldman Sachs and Bank of America also reporting strong results, partly driven by large IPOs.

14 Jul, 10:45 — 14 Jul, 11:54
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