 "JP Morgan: Earnings beat estimate, but profit down 4%")
[caption id=“attachment_107032” align=“alignleft” width=“380” caption=“Reuters”]  [/caption]
JPMorgan Chase & Co reported lower third-quarter profit as investment banking fees fell with a slowdown in corporate dealmaking.
The first major US bank to announce results for the period, JPMorgan said earnings were $4.3 billion, or $1.02 a share, compared with $4.4 billion, or $1.01 a share, a year earlier.
The company’s share count declined 3 percent from a year ago as it bought back stock.
Reuters
End of Article
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