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JPMorgan Chase posts 21% earnings jump in Q4

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JPMorgan Chase reported a 21% increase in fourth-quarter earnings to $8.5 billion.

Officials cited a rebound in trading revenue to end 2019.

"JPMorgan Chase produced strong results in the fourth quarter of 2019, capping off a solid year for the firm where we achieved many records, including record revenue and net income," CEO Jamie Dimon said in a news release. "While we face a continued high level of complex geopolitical issues, global growth stabilized, albeit at a lower level, and resolution of some trade issues helped support client and market activity towards the end of the year."

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