The Traderszone Network

Published in TZ Latest News 14 July, 2015 by The TZ Newswire Staff

JPMorgan profit rises as expenses fall

Analysts on average had expected earnings of $1.44 per share, according to Thomson Reuters I/B/E/S. It was not immediately clear if the reported results were comparable. Revenue from fixed-income trading fell 21 percent to $2.93 billion. JPMorgan is the first of the U.S. banks with large capital markets and investment banking operations to report second-quarter results.