Profit at JPMorgan’s investment bank surged 43% last year as it kicked off Wall Street earnings season in a year shaped by the Covid-19 pandemic.
Revenues in the investment bank rose to record levels. Profits in that unit reached $17bn.
Investment Banking
JPMorgan’s investment bank profit soars 43% in Covid hit year
Jamie Dimon, JPMorgan’s chairman and chief executive, called the results 'strong' in 'a challenging year'
