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JPMorgan Chase reports 92% jump in Q2 profits, citing robust Wall Street and economic growth.
JPMorgan Chase reported significantly higher second-quarter profits, attributing the 92% jump in earnings to a stronger Wall Street and improved trading and investment banking businesses.
The bank also raised its annual net interest income forecast to $57 billion from $55 billion, highlighting a robust recovery in loans and deposits.
Chief Financial Officer Jeremy Barnum credited favorable U.S. economic conditions for the strong performance.
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JPMorgan Chase informa un salto del 92% en las ganancias del segundo trimestre, citando la robustez de Wall Street y el crecimiento económico.