Friday, January 15, 2010

JPMorgan Chase Books $3.3 Billion Profit

NEW YORK (CNNMoney.com) -- JPMorgan Chase showed it was close to making a full recovery from last year's crisis after the company reported better-than-expected quarterly profits of $3.3 billion Friday.The New York City-based banking giant also revealed that compensation expenses climbed 18% during the year to $26.9 billion, much of which is expected to doled out in the form of bonuses...