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A `stronger' Bank One Dimon says the struggling institution still a long way from reaching its goals

Bank One Corp. Chief Executive Jamie Dimon isn't ready to declare victory in turning around the behemoth financial institution. But its improving financial health leads him to believe "we've really made a lot of progress. We're becoming a stronger company."

Investors are beginning to believe, too, even as the company reported a decline in profits for the first quarter on Tuesday.

The holding company for the nation's fifth-largest bank with $270 billion in assets said first-quarter profit slipped 1.5 percent to $679 million, or 58 cents a share, compared with $689 million, or 60 cents a share, a year ago, as commercial loans soured, a phenomenon also experienced by other major banks.

"I ...

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