JP Morgan Chase releases Q3 figures
15 October 2018 New York
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Q3 figures from JP Morgan Chase showed that net interest income stood at $14.1 billion, up 7 percent from Q3 2017.
According to JP Morgan Chase, this was driven by the impact of higher rates.
Non-interest revenue was $13.8 billion, up 3 percent, largely driven by higher markets non-interest revenue and auto lease income, partially offset by markdowns on certain legacy private equity investments.
Securities service revenue rose by 5 percent to $1.1 billion, the bank reported.
According to JP Morgan Chase, this was driven by the impact of higher rates.
Non-interest revenue was $13.8 billion, up 3 percent, largely driven by higher markets non-interest revenue and auto lease income, partially offset by markdowns on certain legacy private equity investments.
Securities service revenue rose by 5 percent to $1.1 billion, the bank reported.
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