JPMorgan's profit plummets nearly 70%
April 15 2020, 08:00
As the coronavirus pandemic crushes the global economy, JPMorgan set aside a stunning $6.8 billion worth of reserves to insulate itself from losses on loans it believes may not be paid back.
As the coronavirus pandemic crushes the global economy, JPMorgan set aside a stunning $6.8 billion worth of reserves to insulate itself from losses on loans it believes may not be paid back.
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