India, July 14 -- Banking major JPMorgan Chase & Co. reported Tuesday signifiacntly higher profit in its second quarter, benefited by one-time gains related to Visa and certain equity investments, as well as improved results in all segments. The company also reported strong growth in assets under management.
Meanwhile, in pre-market activity on the NYSE, the shares were losing around 2.6 percent, trading at $325.92.
Jamie Dimon, Chairman and CEO, attributed that the stronger business investment is being supported by several tailwinds, including AI-driven capital investment, fiscal stimulus and the benefits of more efficient regulation.
Dimon added, "However, several risks are shifting below the surface like tectonic plates, including geo...