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JPMorgan Quarterly Profit Falls 14%

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JPMorgan Quarterly Profit Falls 14%

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JPMorgan Chase & Co.’s fourth-quarter profit fell 14%, the bank said on Friday.

The slowdown in the fourth quarter did not prevent the bank from setting an annual profit record. The nation’s largest bank earned $ 48.3 billion in 2021, up from $ 36.4 billion before the pandemic in 2019. The economic recovery, turbulent markets and rampant merger volumes have pushed charges up. to new heights.

JPMorgan Quarterly Profit Falls 14%

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