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It’s good to be JP Morgan

©The Financial Times Limited 2020 May 2, 2023 / 12:08 PM IST
All Rights Reserved. FT and Financial Times are trademarks of the Financial Times Limited Not to be redistributed, copied or modified in any way.

And even flat margins could hurt investors

JPMorgan has paid $183.4bn in cash and assumed liabilities for $185.8bn in assets, hence the “modest” accounting gain of a few billion dollars.

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