JPMorgan Chase Q1 earnings rise 9% to $41.9bn, but CEO Jamie Dimon warns of economic challenges.
JPMorgan Chase, the largest US bank, reported strong Q1 earnings, with a 9% rise in revenue to $41.9bn and a 6% increase in net income to $13.4bn. However, CEO Jamie Dimon warned of potential economic challenges, including high interest rates, budget deficits, and inflation. Despite the positive results, the banks highlighted the uncertainty surrounding their operations due to macroeconomic, geopolitical, structural, and regulatory challenges.
11 months ago
41 Articles
Articles
Further Reading
You have 9 free stories remaining this month. Subscribe anytime for unlimited access.