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What recession? JPMorgan is growing headcount and standing firm on its plans to spend big on tech despite its own CEO's recession warnings.

Por: Business Insider Business October 15, 2022

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For all his talk of a coming economic storm, JPMorgan Chase CEO Jamie Dimon isn't ready to batten down the hatches just yet. When the nation's largest bank by assets reported third-quarter earnings Friday, that JPMorgan had beaten estimates by bringing in $33.5 billion in revenue, boosted by rising interest income as the Federal Reserve continues to hike benchmark rates. The figures came even as JPMorgan's profit was dragged down... + full article



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