Börse Express – ROUNDUP: JPMorgan wins more than expected

The largest American bank JPMorgan Chase
continues to benefit from good stores
Financial markets and a brilliant commercial activity with
Private customers. In the second quarter, earnings did not increase
strong as at the beginning of the year – with an increase of 18 percent
However, it was $ 8.3 billion (7.1 billion euros) higher than
The experts had planned. Also with the returns surprised the
Great positive bank. These rose six percent to 28.4 billion
Dollar, as announced the bank Friday in New York.

In the first six months, JPMorgan earned $ 17 billion
and is well on the way to a record result in the current
Year. Experts surveyed by Bloomberg are currently waiting on average
an increase of about a quarter to more than 30 billion dollars.
It is currently the equivalent of just over 25 billion euros.
That would make more money in the US bank in one year than in the United States.
Deutsche Bank is currently on the stock exchange

The bank has grown in both investment banking and investment banking.
Business with private customers. In the latter benefited the greatest
American bank mainly from the good economy in the
United States – for example, loans
sure. In the private banking sector, the bank earned 3.4 billion
Dollars about half more than a year ago. In investment bank
The surplus rose 18% to reach $ 3.2 billion. in
In both zones, yields also rose at double-digit rates. chief of the bank
Jamie Dimon was very satisfied, but also warned of a
International competition is increasing more and more.

The stock market focuses on
Figures for the past quarter. The stock put in pre-sale.
JPMorgan has a market capitalization of $ 364 billion ($ 313 billion)
Euro) the most valuable bank in the world. Again, this clearly shows
the difference with Deutsche Bank, who still likes to be at eye level
played with the US bank – but now the connection

While the price of JPMorgan shares suffers since the end of the financial crisis
more than doubled, that of Deutsche Bank has lost
since then nearly 90 percent one. Meanwhile, Deutsche Bank is at the
Stock market of only 20 billion euros and must be here
rather with fintechs like Wirecard than the big Americans
measure./zb/fba

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AXC0175 2018-07-13 / 14: 13

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