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Article: JPMorgan unit's profit soars.
- Article from:
- Australasian Business Intelligence
- Article date:
- September 13, 2009
CopyrightCOPYRIGHT 2009 News provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Tim Boreham
Sep 13, 2009 (The Australian - ABIX via COMTEX) -- The 2009 interim profit of JPMorgan Australia has improved from $A7m to $A87m, with revenue also up $A207m to reach $A313m. This covers the capital markets and investment business but not the standalone stockbroking house JPMorgan Securities or futures and options trading provider JPMorgan Markets Australia. The good result was partly due to JPMorgan managing share issues by several large listed groups.
Publication Date: 14 September 2009