JPMorgan Struggles to Find Something Positive in Earnings - Presented by: The Aol. On Network

JPMorgan's first quarter earnings read like a laundry list of bad news. The press release on the quarter tried to focus on the positives, but when a bank talks about hiring veterans and what it's done for the community - you know it's going to be bad. Net income dropped by 25 percent and trading was down for both fixed income and equity. Mortgage banking income and mortgage originations both decreased. On a positive note, settlements were immaterial to the quarter.



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