Debt Trading Gains Help JPMorgan Report Strong Q3 Results Despite Lukewarm Retail Banking – Nasdaq
JPMorgan Chase ( JPM ) sent shares across the financial sector higher on Friday, October 14, as the bank’s stronger-than-expected performance figures for the third quarter set the stage for potentially more positive earnings surprises by its peers over the coming weeks. Although the diversified banking giant continued to witness headwinds in the retail banking industry,…