April 14, 2023 1:32 PM
By Staff Reporters
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Posted by Dr. David Edward Marcinko MBA MEd CMP™
Categories: "Ask-an-Advisor", Breaking News, Investing, Monthly Reports
Tags: Alphabet, Amazon, bank earningss, banks, Citi, FAANG, JPMorgan, Meta, Netflix, S&P 500, tech stocks, Wells Fargo
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BANKS
JPMorgan Chase & Co. posted a 52% jump in its first-quarter profits, helped by higher interest rates, which allowed the bank to charge customers more for loans. The bank saw deposits grow noticeably, as business and customers flocked to the banking titan after the failure of Silicon Valley Bank and Signature Bank last month. Thanks.
Joel
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By Anonymous on April 14, 2023 at 2:13 PM