Matts Expects `Substantial' JPMorgan Dividend Increases: Video
143 views · Published 23 March 2012 · 4:16 · Indexed 25 September 2026
Channel: Bloomberg Originals · 2012 · Entertainment
Jan. 15 (Bloomberg) -- Mary Jane Matts, director of large-cap value strategies at Fifth Third Asset Management, talks with Bloomberg's Margaret Brennan about JPMorgan Chase & Co.'s fourth-quarter profit reported today and business outlook.
JPMorgan, the second-largest U.S. bank, said profit more than quadrupled on higher revenue from investment-banking fees. Net income climbed to $3.28 billion, or 74 cents a share, from $702 million, or 6 cents, in the same period a year earlier, the New York-based bank said today in a statement. (Source: Bloomberg)
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