JPMorgan Profit Soars 52% Despite Banking Turmoil - WSJ

Deposits at JPMorgan Chase surged from December to the end of March. JPMorgan Chase & Co. defied a crisis of confidence in the banking business, posting a 52% increase in first-quarter profit and record revenue. The bank posted net income of $12.62 billion, or $4.10 per share, up from $8.28…

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