JPMorgan Chase Captures 18% of US Bank Profits, Highlighting Growing Market Dominance
![JPMorgan Chase Captures 18% of US Bank Profits, Highlighting Growing Market Dominance](https://cryptoinvestment.at/wp-content/uploads/2024/06/jpmorgan-chase-captures-18-of-us-bank-profits-highlighting-growing-market-dominance.png)
A report has found that JPMorgan Chase Bank accounted for a substantial 18% share, or $11.7 billion, of the total $64.2 billion net income reported by all FDIC-insured banks for the first quarter of 2024. This data, highlighted by financial reporters Pam Martens and Russ Martens from wallstreetonparade.com, underscores the increasing concentration of profits within […]