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JPMorgan Chase profits rise on lower expenses

byAdvisorAnalyst
April 13, 2013
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JPMorgan Chase profits rise on lower expenses (via AFP)

JPMorgan Chase reported a 33 percent increase in quarterly earnings, and pointed in a statement on Friday to a gradually improving economy. Net income for the US banking giant came in at $6.5 billion on revenues of $25.1 billion, compared with profits from one year ago of $4.9 billion on $26.1 billion…

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