JPMorgan profits drop 42 per cent, bank writes off Russian assets ...Middle East

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JPMorgan profits drop 42 per cent, bank writes off Russian assets
source : Devdiscourse ( Middle East ) () 32
JPMorgan Chase said its first quarter profits dropped by 42 per cent from last year, partly because the bank wrote down nearly USD1.5 billion in assets due to higher inflation and the Russian-Ukrainian War.

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