Q2 Earnings: JPMorgan Earns $5.4 Billion in Profits Despite Lingering Mortgage Issues
JPMorgan CEO Jamie Dimon reported a solid performance for Q2 2011 despite lingering mortgage and credit concerns. The asset management unit saw a 28% jump in pay and headcount.
Q2 Earnings Outlook: Financial Firms’ Reporting Season Off to Good Start
But with new rules hitting banks, corporate results could face headwinds in the second quarter of 2011.