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Quartz·1 min read·easy

JPMorgan Chase posted a record profit as stock-trading revenue surged

Cris Tolomia
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JPMorgan Chase achieved record profits, bolstered by an 86% surge in equity markets revenue. Investment banking fees also reached their highest levels since 2021, signaling a robust recovery in financial services.

Equity Markets revenue jumped 86% to $6 billion, while investment banking fees climbed 30% to their highest level since 2021

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