JPMorgan Posts Record Trading Revenue, Q2 Earnings Per Share Exceed Expectations

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Source: Unsplash | Photographer: Razvan Chisu

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On Tuesday (14.07), the bank reported a quarterly performance that took Wall Street analysts by surprise. According to the report, during its second fiscal quarter of 2020 JPMorgan managed to generate $33 billion in revenue (versus $30.3 billion expected) and $1.38 per share (versus $1.04 expected) in large part thanks to its record trading revenue figures.

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