JPMorgan expects $3 bln income boost from First Republic deal

JPMorgan expects $3 bln income boost from First Republic deal

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JPMorgan Chase & Co's (JPM.N) net interest income would rise by $3 billion this year due to its purchase of failed First Republic Bank, according to a presentation published ahead of its investor day on Monday. The largest U.S. lender agreed to take into its books $173 billion of the failed bank's…

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