The American investment bank JPMorgan closed the second quarter of 2012 with a net profit of 5 billion dollars, down on the same period in 2011, despite a loss of 4,4 billion dollars deriving from trading.
The American investment bank JPMorgan closes the second quarter of 2012 with a net income of $5 billion, or $1,21 per share, on revenues of 22,9 billion. In the same period last year, profit was $5,4 billion ($1,27 per share).
However, a loss of 4,4 billion dollars deriving from trading weighs on the quarter. The figure for the first quarter has been revised downwards: -459 million dollars, equal to 8,5 percent.
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