JPMorgan expects to earn $3 billion more in net interest income this year after its takeover of failed First Republic Bank

JPMorgan expects to earn $3 billion more in net interest income this year after its takeover of failed First Republic Bank

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JPMorgan CEO Jamie Dimon Chip Somodevilla/Getty Images JPMorgan raised its 2023 outlook for its net interest income from $81 billion to $84 billion. The bank cited its takeover of First Republic, but added that "sources of uncertainty remain." The outlook is based on the assumption that the fed…

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