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Business

JPMorgan Chase Q1 profit up 31pc

Published: 13 Jul 2013 - 01:58 am | Last Updated: 31 Jan 2022 - 01:28 pm

Commuters are reflected in stone as they walk past the JPMorgan headquarters in New York. JPMorgan Chase & Co reported a 31 percent rise in quarterly profit yesterday, as trading revenue rebounded and the biggest US bank by assets set aside less money to cover bad loans.