( ) -q-21- UNDATED (Correspondent Jeremy House) “a year earlier.” JPMorgan Chase says its second-quarter profits rose by 67%. [CutID: <Cuts> JPMORGAN-PROFIT-house-q-FRIam.mp3 Time: 21s Title: JPMORGAN-PROFIT-house-q-FRIam Out-cue: a year earlier] TAG: Correspondent Jeremy House reporting. Revenue rose to $42.4 billion. The results beat Wall Street forecasts. ———————————— VERBATIM: The nation’s largest bank made more loans […]
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JPMorgan second quarter profit jumps 67% with a boost from First Republic takeover
( ) -q-21- UNDATED (Correspondent Jeremy House) “a year earlier.”
JPMorgan Chase says its second-quarter profits rose by 67%.
[CutID: <Cuts> JPMORGAN-PROFIT-house-q-FRIam.mp3
Time: 21s
Title: JPMORGAN-PROFIT-house-q-FRIam
Out-cue: a year earlier]
TAG: Correspondent Jeremy House reporting. Revenue rose to $42.4 billion. The results beat Wall Street forecasts.
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VERBATIM: The nation’s largest bank made more loans to customers and took advantage of higher interest rates as well as its recent acquisition of First Republic. JPMorgan says it earned $14.5 billion in the three months which ended June 30. That’s compared to a profit of of $8.65 billion in the same period a year earlier.