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JP Morgan leads the charge of big banks with booming profits and revenues

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JP Morgan leads the charge of big banks with booming profits and revenues

JP Morgan beat the banking crisis in the first quarter of the year: profits of the main American lender increased by 52% to 12.62 billion dollars and revenues, with a 25% surge, reached a record 38.35 billion. Both figures clearly beat expectations: Earnings per share were $4.10 versus $3.41 expected. Revenue was forecast at 36.13 billion.

Dimon, J.P. Morgan ā€œA Pillarā€

Chief executive Jamie Dimon vindicated the performance statingā€¦

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