Second-quarter profit at JPMorgan Chase fell 28% from a year earlier, even as the nation’s largest bank said it's seeing few signs that a recession is imminent
Second-quarter profit at JPMorgan Chase & Co. fell 28% from a year earlier even as the nation’s largest bank said it is seeing few signs that a recession is imminent, underscoring the uncertainty looming over markets and the economy.
despite rising inflation, businesses continued borrowing and loan losses remained practically nonexistent. But executives said there remains more uncertainty than normal, dragging down big corporate activity such as mergers and acquisitions and leading the bank to set aside more funds for
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