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News in English (USA) / 15.07.2025 / 14:00

JPMorgan Chase Reports Strong Q2 Earnings Amid Economic Concerns

JPMorgan Chase has announced its second-quarter earnings, surpassing Wall Street expectations with a profit of $14.2 billion, despite a 17% decline from the previous year, attributed to prior-year accounting gains. CEO Jamie Dimon highlighted significant risks to the U.S. economy, particularly regarding tariff implications and geopolitical tensions. Enhanced revenues and a dealmaking boost signal recovery on Wall Street, yet challenges persist as the bank raises its interest income forecast. While the results reflect a resilient economic backdrop, Dimon cautions that uncertainties remain, prompting a mixed market reaction to the strong earnings.
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