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JP Morgan posts 23% profit

N
NDTV

80 Views • Oct 14, 2010

Description

JP Morgan Chase CEO Jamie Dimon talks elaborately on the financial results of the lender. The bank registered a 23% jump in its profit as it was able to set aside less money to cover loan losses. He, however, did warn that loan losses are still high in both the mortgage and credit card portfolios.

Keywords & Tags

#credit card #Jamie Dimon #loan #JP Morgan #portfolios

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