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JPMorgan Puts In 'Solid' Q2 Performance

JPMorgan Logo

New York – JPMorgan Chase & Co. has reported second-quarter 2011 net income of $5.4 billion, compared with net income of $4.8 billion in the second quarter of 2010. Earnings per share were $1.27, compared with $1.09 in the second quarter of 2010.

Are We Close To The End Of The World As We Know It ?


Budget cuts, austerity programs, debt ceilings, sovereign debt worries, food price increases, civil unrest in many parts of the globe, famine again in East Africa. It's not looking good, is it ? In fact, it's easier not to look at all - and that's what many folks are doing.



RBS building

RBS sets aside £400m for FX probes

Royal Bank of Scotland (RBS ) made a total pre-tax profit of £1.27 billion ($2.03 billion) in the third quarter thanks to previously underperforming loans in Ireland being revalued.