JP Morgan Chase increases net revenue target by $3 billion after acquisition of First Republic

JP Morgan Chase (JPM) raised its revenue guidance by $3 billion, on Monday after it had already raised it by $7 billion last month. The giant bank has been flourishing while mid-sized banks collapsed in the recent past. It took over First Republic, earlier in May. JP Morgan revealed the rise in net interest income … Continue reading JP Morgan Chase increases net revenue target by $3 billion after acquisition of First Republic