JPMorgan profits surge as bank cashes in on boom in trading, dealmaking
Teona Gherasim
JPMorgan Chase reported a 12% jump in profits Tuesday as the Wall Street giant raked in billions from a wave of deals and trades driven by Donald Trump’s tariffs and loosened regulations. The US’s biggest bank’s third-quarter revenue rose 9% to $47.12 billion, fueling earnings per share of $5.07 — blowing past analysts forecasts tallied by the London Stock Exchange Group, which predicted revenues of $45.4 billion and earnings per share of $4.48. The bank’s 69-year-old CEO Jamie Dimon pointed to
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