JPMorgan Leverages Wall Street Deals and Retail Might Toward $1 Trillion Valuation

JPMorgan Chase is close to becoming a $1 trillion company, Reuters reported Wednesday (July 15). The bank, which was last valued at about $919 billion, saw its shares reach a record high after a Tuesday (July 14) earnings report in which it announced the highest profit ever attainted by a U.S. With the help of investment banking activity that is expected to remain elevated for the rest of the year, JPMorgan Chase could achieve a $1 trillion valuation, the report sa