JPMorgan Chase, Wells Fargo Post Strong Q2 Earnings – ValueWalk Premium
wells fargo
12Jul2013

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.

The top . . .

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Author

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

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