JPMorgan Chase, Wells Fargo Post Strong Q2 Earnings – ValueWalk Premium
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JPMorgan Chase, Wells Fargo Post Strong Q2 Earnings

JPMorgan Chase & Co. (NYSE:JPM) and Wells Fargo & Company (NYSE:WFC) posted healthy second-quarter profit on the back of the U.S. economy’s recovery.

JPMorgan's investment banking business shines

JPMorgan’s second quarter earnings rose 31 percent aided by strong growth seen at its investment banking business, coupled with reduction in reserves for loan losses.

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