JPMorgan Profits Soar as First Big Bank to Release Earnings in 2016
By Katie Murar JPMorgan Chase & Co. took to Twitter early Thursday morning to report better-than-expected results, with expense cuts making up for slow revenue growth. In the fourth quarter, New York-based JPMorgan posted net income of $5.43 billion, or $1.32 per diluted share, up 10 percent from $4.93 billion, or $1.19 per share in […]
Mobile banking trumps in-house visits, survey says
By Katie Murar For the first time ever, mobile banking exceeded physical banking in 2015, according to information gathered from over 3,100 U.S. consumers over five years by Javelin Strategy & Research, an entity of Connecticut financial-industry research firm Greenwich Associates LLC. The survey asked individuals whether they had done online-banking in the past week, […]
