JPMorgan’s profit dips as talent shortage on Wall Street pushes costs higher

Jpmorgan’s Profit Dips As Talent Shortage On Wall Street Pushes Costs Higher

The New York Post – by Lydia Moynihan

JPMorgan Chase’s quarterly profit dropped 14% despite a bonanza of investment-banking fees, as trading revenue dropped and payroll costs surged amid a talent shortage on Wall Street.

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