TEL AVIV (MarketWatch)
J.P. Morgan Chase & Co., the
New York banking major, on Friday reported stronger-than-expected third-quarter
net income and revenue
Earnings advanced 34% to $5.71 billion, or $1.40 a
share, from $4.26 billion, or $1.02, in the year-earlier quarter
Revenue
reached $25.15 billion, up 6% from $23.76 billion
A survey of analysts by
FactSet Research produced consensus estimates of profit of $1.21 a share on
revenue of $24.42 billion
The banking firm estimated its common-equity ratio
for purposes of the Basel III standards was 8.4% at the end of the third quarter
compared with 7.9% at the end of the second quarter Business loans grew for the
eighth straight quarter, up 8% from a year earlier to $19 billion, J.P. Morgan
reported
The bank said that in mortgage banking, "credit trends continued to
modestly improve."
And it said "the housing market has turned the corner."
Formación Académica y Profesional
Matemáticas Fundamentales por UCM, MBA Executive, MBA Financial Markets, PME Certified
IT CIO , Client Executive, Grupo Santander, IBM Global Services , Electronic Data System
Matemáticas Fundamentales por UCM, MBA Executive, MBA Financial Markets, PME Certified
IT CIO , Client Executive, Grupo Santander, IBM Global Services , Electronic Data System

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The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy.

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sábado, 13 de octubre de 2012
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