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    JPMorgan Chase Captures 18% of US Bank Profits, Highlighting Growing Market Dominance

    • Post author:MiamiCrypto
    • Post published:June 16, 2024
    • Post category:banking sector/Banks/fdic/financial dominance/JPMorgan/Market Analysis/News Bytes/News Bytes 1/profit concentration/systemic risk

    A report has found that JPMorgan Chase Bank accounted for a substantial 18% share, or $11.7 billion, of the total $64.2 billion net income reported by all FDIC-insured banks for…

    Continue ReadingJPMorgan Chase Captures 18% of US Bank Profits, Highlighting Growing Market Dominance
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