JPMorgan Profit Rises on Investment-Banking Fees (Update3) (Bloomberg)

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Jan. 15 (Bloomberg) — JPMorgan Chase & Co. , the second- largest U.S. bank, said profit more than quadrupled on higher investment-banking revenue. The bank lost money on consumer loans and increased provisions for future defaults.


Citadels Kaplan, Head of Investment Banking, Quits (Update1) (Bloomberg)

Jan. 15 (Bloomberg) — Todd Kaplan , head of investment banking at Citadel Investment Group LLCs securities unit, left less than a year after joining the firm, a spokeswoman said.

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