JPMorgan profit shrinks as it sets aside $3 billion for deposit insurance fund

Capt. John

JPMorgan Chase reported its best ever annual profit and forecast higher-than-expected interest income for 2024 even as quarterly profit fell due to a $3 billion charge the bank took to replenish a government deposit insurance fund. The largest U.S. lender has benefited from its acquisition of...

https://www.hellenicshippingnews.com/jpmorgan-profit-shrinks-as-it-sets-aside-3-billion-for-deposit-insurance-fund/

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