JPMorgan profit plunges to lowest since 2013 on virus fallout

0
43

JPMorgan Chase & Co. said first-quarter profit tumbled 69 per cent to the lowest in more than six years as credit costs surged, giving investors a first glimpse at the extent of the damage COVID-19 is wreaking on bank results.
The company set aside US$8.… [+6596 chars]Source