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JPMorgan Chase & Co. (JPM) said first- quarter profit rose 33 percent to an all-time high, beating analysts’ estimates as improving consumer credit quality allowed the bank to cut loan-loss reserves

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JPMorgan Chase & Co. (JPM) said first- quarter profit rose 33 percent to an all-time high, beating analysts’ estimates as improving consumer credit quality allowed the bank to cut loan-loss reserves by $1.2 billion.

much more:
http://www.bloomberg.com/news/2013-04-12/jpmorgan-profit-increases-33-beats-estimate-on-mortgage-fees.html




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