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JPMorgan wealth unit net income rises 12% in Q4

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The Asset & Wealth Management (AWM) unit of JPMorgan Chase posted a net income of $654m for the fourth quarter of 2017, an increase of 12% compared to $586m in the corresponding quarter of 2016. The division’s net revenue was $3.37bn, an increase of 9% compared with $3.08bn in the…

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