Reported 2 days ago
JPMorgan Chase's Q4 FY24 results showed an 11% year-on-year increase in revenue to $42.8 billion, with a notable 46% rise in investment banking revenue. The bank's net income surged 50% to $14.0 billion, and Chairman Jamie Dimon warned that inflation could persist due to ongoing spending requirements, alongside complexities in geopolitical conditions.
Source: YAHOO