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JPMorgan's profit rises 6% even as interest income forecast falls short of predictions

The biggest U.S. bank said it expects full-year net interest income, excluding trading, of $89-billion, depending on market fluctuations

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Market movers: Stocks seeing action on Friday - and why

A survey of North American equities heading in both directions

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JPMorgan profit rises 6% even as interest income forecast falls short

JPMorgan profit rises 6% even as interest income forecast falls short
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JPMorgan profit rises 6% even as interest income forecast falls short of predictions

JPMorgan was among the banking giants that made up the bulk of contributions to the Federal Deposit Insurance Corp fund, which was drained when three regional lenders failed last year

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JPMorgan profit beats estimates even as interest income misses predictions

JPMorgan profit beats estimates even as interest income misses predictions
businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.

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Citi to cut 20,000 jobs, posts $1.8 billion loss in 'disappointing' quarter

Citigroup will cut 20,000 jobs over the next two years, acknowledging a "disappointing" quarter resulting in a $1.8 billion loss.

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Morgan Stanley CEO Ted Pick Inherits a Bank That's Never Been More Boring

Morgan Stanley CEO Ted Pick Inherits a Bank That's Never Been More Boring
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Morgan Stanley CEO Ted Pick takes over stable bank business

Morgan Stanley CEO Ted Pick takes over stable bank business
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Citigroup Continues to Cut 20,000 Jobs, a "Disappointing" Quarter's Overhaul that Marked $1.8B Loss

Fraser mentioned that efforts to streamline its structure will be mostly finished this quarter, resulting in savings of $1 billion and the removal of around 5,000 primarily managerial roles. Read more.

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After $1.8 billion quarterly loss, Citi to slash 20,000 jobs

After $1.8 billion quarterly loss, Citi to slash 20,000 jobs
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