J.P Morgan Posts Record 4th, Despite Exit of Analyst-cum-Guest-Blogger Keith Hahn

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J.P. Morgan has reported record fourth quarter net income, due to investment banking and one-time gains; $4.53 billion ($1.26/share), from last year’s $2.70 billion (76 cents/share). In a press release, Jamie Dimon offered: “during the fourth quarter, we posted both record revenue and income from continuing operations, reflecting increasingly strong results across most of our businesses.” Later, he was heard saying, "The real pissing contest will come Friday, when Citi(group) releases what I predict will be significantly weaker numbers. Don't mess with the bull or the horns you will get, me being that bull in this scenario."
J.P. Morgan Net Rises 68% On Investment Banking [WSJ]
J.P. Morgan Chase Press Release

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