UPDATE: J.P. Morgan Q4 Profit Up 53%
Posted on January 16, 2013 at 07:27 AM EST
J.P. Morgan Chase & Co (NYSE: JPM ) reported a 53% rise in its fourth-quarter profit. J.P. Morgan's quarterly profit surged to $5.69 billion, or $1.39 per share, versus $3.73 billion, or $0.90 per share, in the year-earlier period. Its total net revenue rose 10% to $23.65 billion. On