JPMorgan Chase profits up; warns on geopolitical risk

JPMorgan Chase on Friday reported a jump in third-quarter profit on an improving global economy, but warned that geopolitical uncertainty could slow future growth. The bank notched revenue gains across all of its business units, boosted in part by higher interest rates and an increase in overall loans. "The US and the global economy continue to show strength, despite increasing economic and geopolitical uncertainties, which at some point in the future may have negative effects on the economy," said Chief Executive Jamie Dimon.

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