JPMorgan Follows Up Strong Q1 Results With Plans To Tap Into ETF Industry

JPMorgan Chase kicked off the earnings season among banks with a strong performance for the first quarter of the year on Wednesday, April 13.  Although profits for the country’s largest bank fell year-on-year due to weak securities trading activity, the better-than-expected show helped the bank’s shares rise more than 4% despite the Federal Reserve’s rejection of the bank’s “living will” earlier that day.