J.P. Morgan

J.P. Morgan announced that second-quarter earnings reached a record high of 14.472 billion dollars (US dollars, same below), up 67.33% year-on-year, earning 4.75 yuan per share; earnings of 4.37 yuan per share after deducting special projects were higher than market expectations.

Motong's profit soared, thanks to the acquisition of First Republic Bank (Fed) in May, which obtained revenue of 2.7 billion yuan. Even without the acquisition of the Fed, Motong's overall earnings in the second quarter would increase by 40%. Return of common stock shares

The rate increased to 20%.