The New York Times
Thursday, July 16, 2009 -- 6:55 AM ET
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JPMorgan Chase Posts $2.7 Billion Profit
JPMorgan Chase reported net income of $2.7 billion in the
second quarter, a 36 percent rise from a year earlier, as it
reported record fees from its investment banking unit.
The earnings, which exceeded analysts' expectations, were the
latest sign that the strongest banks were finding a bright
patch in the midst of economic troubles and financial crises.
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