JPMorgan Chase & Co posted an increase in first-quarter profits on Friday as the biggest U.S. bank benefited from lower expenses.
Net income rose to $6.53 billion, or $1.59 a share, from $4.92 billion, or $1.19 a share, a year earlier.
The year-ago results had been reduced by 12 cents a share due to costs from its "London Whale" derivatives trades. Results for both periods included other special items.
|Gold Rate in Chennai||Rs. 28130.00 (0.21%)|
|Gold Rate in Mumbai||Rs. 28900.00 (0.31%)|
|Gold Rate in Delhi||Rs. 28400.00 (0%)|
|Gold Rate in Kolkata||Rs. 28710.00 (0%)|
|Gold Rate in Kerala||Rs. 27500.00 (0%)|
|Gold Rate in Bangalore||Rs. 27450.00 (0%)|
|Gold Rate in Hyderabad||Rs. 28100.00 (0%)|