JPM, Wells Earnings; European Banking Update; Bitcoin's Big Inv...

04/12/13

Breaking News This Morning ...

JPM Earnings: JPMorgan Chase kicked off earnings season today by announcing a 33% rise in net income in the first quarter. The bank reported a profit $6.53 billion, or $1.59 a share, besting analyst expectations of about $5.4 billion in net income. Per the Journal, "strong investment-banking results offset declining mortgage revenue." Per some live-tweeting, JPM CEO Jamie Dimon dodged questions regarding the shareholder proposal to break up his role as...

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