The Finance Owl

Banks – Loans – Mortgages – Money

JP Morgan Third Quarter Results

Posted by theaccountant October - 13 - 2010 - Wednesday

Well it looks like JP Morgan is weathering the financial storm well.  It appears that the banks third quarter results appears to have shown a significant increase in net income.   Other banks will be watching the reaction to JP Morgan’s investor releases with interest.  If the attacks are harsh with quotes of the evil bankers, then they might decide to take a prudent view on any grey area provisions in order to dampen profit figures……as if.

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