Framing Analysis
New York Post reports that JPMorgan Chase recorded $21.2 billion in total profit for the quarter, including a one-time Visa stock sale gain, with underlying earnings of $16.9 billion exceeding analyst estimates. Goldman Sachs reported net earnings of $6.63 billion, up 78 percent year-over-year and above forecasts. Investment banking fees at JPMorgan Chase reached $3.3 billion, a 30 percent increase from the prior year.