{"id":77906,"date":"2021-04-15T02:28:32","date_gmt":"2021-04-15T06:28:32","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=77906"},"modified":"2021-04-15T02:36:36","modified_gmt":"2021-04-15T06:36:36","slug":"jpmorgan-profit-surges-on-huge-trading-investment-banking-boost","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2021\/jpmorgan-profit-surges-on-huge-trading-investment-banking-boost.html","title":{"rendered":"JPMorgan profit surges on huge trading, investment banking boost"},"content":{"rendered":"\n<p>(REUTERS) JPMorgan Chase &amp; Co reported substantially higher first-quarter earnings on Wednesday, as the largest U.S. bank released more reserves and was aided by a blowout quarter from its trading desks and soaring investment banking fees. JPMorgan, widely seen as a barometer of the health of the broader U.S. economy, was also helped by favorable comparisons to last year when the COVID-19 pandemic forced the bank to build reserves against the risk of a wave of loan defaults.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.reuters.com\/article\/jpmorgan-results\/jpmorgan-profit-surges-on-huge-trading-investment-banking-boost-idUSL4N2M72RV\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(REUTERS) JPMorgan Chase &amp; Co reported substantially higher first-quarter earnings on Wednesday, as the largest U.S. bank released more reserves and was aided by a blowout quarter from its trading desks and soaring investment banking fees. JPMorgan, widely seen as [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-77906","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/77906","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=77906"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/77906\/revisions"}],"predecessor-version":[{"id":77907,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/77906\/revisions\/77907"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=77906"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=77906"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=77906"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}