JPMorgan Beats Expectations As Oil Plunge, Investment Banking Slowdown Crimp Profits By 7% |
| April 13, 2016 | April 2016 Bond Updates |
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JPMorgan earned a first quarter profit of $1.35 a share based on revenues of $24.1 billion. Those earnings reflected a 7% quarterly decline in profits and a 3% drop in sales, a manageable drop in a volatile quarter to begin 2016. |
| View more at: http://www.forbes.com/sites/antoinegara/2016/04/13/jpmorgan-beats-expectations-as-oil-plunge-investment-banking-slowdown-crimp-profits-by-7/ |
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