The US investment bank has taken over Goldman Sachs as the largest issuer of retail structured notes in its home market in the second quarter.

J.P. Morgan has reported net revenues of US$41.3 billion in Q2 23, up 34% year-on-year (YoY), and non-interest expenses of US$20.8 billion, an increase of 11% compared to the previous year. The bank also reported an increase of its net income by 67% to US$14.5 billion YoY. Almost all of our lines of business saw continued growth in the quarter - Jamie Dimon, CEO Return on equity (RoE) and return on average tangible common shareholders' equity reached 20% and 25%, respectively. ‘Almost

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