Write-downs dent JP Morgan profit

Courtesy BBC Finance  Wed, 04/16/2008 - 7:25am

JP Morgan Chase sees profits in the first three months of 2008 fall, partly due to the credit crisis.


Tags:

 

More related items

Yahoo reports a jump in profits
Yahoo, fending off a takeover bid from Microsoft, says profits tripled in the first three months of 2008.

Generic competition hits Pfizer
Pfizer posts an 18% drop in profits for the first three months of 2008 on a loss of US exclusivity for key drugs.

Bear Stearns chairman sells stake
The chairman of Bear Stearns sells his stake in the firm as a takeover by JP Morgan Chase looms.

US bank news lifts world shares
Global shares rise strongly, boosted by JP Morgan Chase raising its takeover bid for fellow US bank Bear Stearns.

US bank news lifts Asian shares
Asian shares rise strongly, boosted by JP Morgan Chase raising its takeover bid for fellow US bank Bear Stearns.


 

Post new comment

The content of this field is kept private and will not be shown publicly.