Revenue at JPMorgan Chase surged to a record high in the first quarter, as rising interest rates boosted its consumer business and the biggest US lender remained resilient through the banking crisis. Shares of JPMorgan rose 6 percent in premarket trading on Friday, after the bank said profits jumped 52 percent to $12.62 billion for the three months ending March 31. 'The continues to be on generally healthy footings — consumers are still spending and have strong balance sheets, and businesses are in good shape,' CEO Jaime Dimon said in a letter to investors.
Load More
Load More