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JPMorgan's earnings drop 69%

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JPMorgan Chase posted a 69% drop in first-quarter earnings to $2.9 billion.

Revenue dipped slightly to $29.1 billion from $29.9 billion a year earlier.

"The company entered this crisis in a position of strength, and we remain well capitalized and highly liquid," CEO Jamie Dimon said.

Read more from CNN Business.


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