Jpmorgan Earnings Are Mixed Bag; Washington Mutual Misses Wall Street Expectations; Bank's Shares Drop $1.29
The Columbian › October 20, 2006
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Summary
NEW YORK -- The third-quarter earnings report from JPMorgan Chase & Co. read like a tale of two banks.
Strength in investment banking and market activity boosted profit 30 percent in the July-September period from a year earlier.See the full content of this document
Extract
Jpmorgan Earnings Are Mixed Bag; Washington Mutual Misses Wall Street Expectations; Bank's Shares Drop $1.29
But the difficult interest rate environment depressed earnings in JPMorgan Chase's retail banking and credit card divisions.
Worried investors sent its share...See the full content of this document
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