JPMorgan Chase profit jumps 53% in fourth quarter
- Published: 16 Jan 2013 at 21.45
- Online news: World
JPMorgan Chase said Wednesday that its fourth-quarter profit had surged 53 percent, capping a third straight year of record income for the US banking giant.
People walk past the JP Morgan Chase Building on Park Avenue in New York on May 15, 2012. JPMorgan Chase said Wednesday that its fourth-quarter profit had surged 53 percent, capping a third straight year of record income for the US banking giant.
Net income grew to $5.7 billion in the final quarter of 2012 from $3.7 billion in the year-ago period, the largest US bank said.
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