JPMorgan Chase posts net income of $6.2 billion
JPMorgan Chase, the largest US bank by assets, on Thursday reported a marginal decrease in net income to $6.2 billion for the quarter ended June from $6.3 billion in the year-ago period. Revenue rose by 2.8% year-on-year to $25.2 billion, boosted by a 13% jump in trading revenue to $6.5 billion. Net interest income grew 6% to $11.7 billion.