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JPMorgan sees markets revenue declining 20% in Q2

Adam Jeffery | CNBC

JPMorgan Chase expects second-quarter markets revenue will come in about 20 percent lower than a year earlier, the company said on Friday.

The outlook is based on results so far this quarter that "reflect a continued challenging environment and lower client activity,'' JPMorgan said in a quarterly filing with the Securities and Exchange Commission.

—By Reuters


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