Home Banking & Finance Chase lowers Q1 profit, increases lending

Chase lowers Q1 profit, increases lending

Releasing its second quarter results on Friday the 13th, JPMorgan Chase & Co. said sour trades by  “the London Whale” amounted to $5.8 billion, and said it would restate its first quarter results. New York City-based JPMorgan Chase has Fairfield County’s fourth largest market share of deposits at 12 percent, and dominates the Westchester County,…

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