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Better economy, merger boom boosts US bank earnings July 14, 2021 New York: Profits at Goldman Sachs leaped on a merger boom, while JPMorgan Chase´s results were boosted by the halo effect on loan quality from an improving macroeconomy, according to results released Tuesday. The two financial heavyweights both reported soaring second-quarter profits compared with the year-ago period when large banks set aside massive provisions in case clients defaulted amid the coronavirus downturn. But vaccines for Covid-19 and the gradual reopening of the economy have made those days seem long ago. Consumer and wholesale balance sheets remain exceptionally strong as the economic outlook continues to improve, said Chief Executive Jamie Dimon.

New yorkUnited statesKathy bostjancicJamie dimonGoldman sachsLabor departmentChief executive jamieChief executive david solomonConsumer price indexபுதியது யார்க்ஒன்றுபட்டது மாநிலங்களில்கோல்ட்மேன் சாக்ஸ்தொழிலாளர் துறைதலைமை நிர்வாகி ஜேமிதலைமை நிர்வாகி டேவிட் சாலமன்நுகர்வோர் ப்ரைஸ் குறியீட்டு