Saturday, 25 April 2015
Last updated 17 hours ago
Jan 14 2011 | 10:51am ET
JPMorgan's hedge funds helped propel the bank to a huge profit last year, it said today.
The banking giant said it earned $17.4 billion last year, 48% more than in 2009. The firm's asset management division, including its hedge funds, chipped in a record $2.61 billion in revenue as assets under management increased 4% to $1.3 trillion.
"Solid performance in the quarter and for the year reflected good results across most of our businesses, which benefited from strong client relationships and continued investments for growth," CEO Jamie Dimon said.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…