Smashes Profit Records | CEO Jamie Dimon Warns of Trade War Turbulence| Zaviah Digital

Welcome to Zaviah Digital
📈 JPMorgan Chase just posted record Q1 profits, driven by a 48% surge in equities trading — but CEO Jamie Dimon isn’t celebrating yet. With markets on edge and global trade tensions rising, the banking giant is bracing for turbulence. 💸⚠️

🔍 Here’s what you need to know:

Q1 profit: $14.6B, or $5.07/share, up from $13.4B last year

Equities trading revenue hit $3.8B, a record high 📊

Trading revenue rose 21%, as market volatility soared

Dimon warns of rising credit risk amid Trump’s aggressive tariff policies

Provisions for credit losses jump from $1.9B to $3.3B

🗣️ "The economy is facing considerable turbulence, including geopolitics," Dimon said, adding that clients have become more cautious and that more credit defaults may be on the way.

📉 Bank stocks tanked after Trump’s tariffs announcement, with JPMorgan falling 8% over the past week, hitting a 7-month low.

💥 The big question: Can JPMorgan stay ahead of the storm, or will trade wars derail the momentum?

📰 Related Stories:

JPMorgan layoffs begin amid uncertainty

Charlie Javice convicted for fraud in $175M JPMorgan deal

Trump’s tariffs may push US toward recession, warns Dimon

#JamieDimon #JPMorgan #TradeWar #Tariffs #DonaldTrump #USChinaTrade #StockMarket #BankEarnings #WallStreet #EquitiesTrading #RecessionFears #BreakingNews

Видео Smashes Profit Records | CEO Jamie Dimon Warns of Trade War Turbulence| Zaviah Digital канала Zaviah Digital