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JPMorgan Sets Aside Money for Bad Debts as ‘Mild Recession’ Looms

The bank, the biggest in the United States, reported a large profit in its latest quarter, but said it was girding for a downturn later in the year.

Rob Copeland
Author: Rob Copeland

Written by

Rob Copeland

in

Company Reports, Credit and Debt, Dimon, James, JPMorgan Chase & Company, Recession and Depression
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