JPMorgan Chase posts strong 1Q

Posted online April 14, 2015 | 6:35 am

JPMorgan Chase & Co., the biggest U.S. bank by assets, reported a better-than-expected rise in quarterly profit on Tuesday.

Net income increaed to $5.91 billion in the first quarter ended March 31, up from $5.27 billion a year earliar, according to Reuters.

That equates to $1.45 per share, 5 cents above analysts' predictions.

Read more from Reuters.

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