JPMorgan Shares Fall After Bank Reports Slow Start To The Year

The decline can indeed be traced back to a poor performance by the trading desk, as JPMorgan reported a 17% reduction in trading revenues (fixed-income and equities combined) for the period. To make things worse, the bank witnessed a decline in profitability across its business divisions – notably its mortgage banking and commercial banking units – which only added to investors’ concerns.

JPMorgan Shares Fall After Bank Reports Slow Start To The Year

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