JPMorgan Chase reported net income of $6.5bn in the second quarter, beating analysts' estimates and surpassing its performance in the same period last year. The largest US bank by assets kicked off Wall Street's second quarter earnings season, with what Jamie Dimon, chief executive, celebrated as a "strong performance across our businesses". He said the company remained number one in the world in global investment banking fees, boosted credit card sales to a record and enjoyed $25bn of in-flows in its asset management division. |