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JPMorgan second quarter market revenue down 15% vs year earlier

June 1, 2017

Via: CNBC

Markets revenue at JPMorgan Chase has been down about 15 percent so far in the second quarter from a year earlier, Chief Financial Officer Marianne Lake said on Wednesday.

Speaking at an investor conference, Lake said the decline stemmed from lower volatility compared with a year ago when the United Kingdom was preparing to vote on Brexit.

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