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Fitch: JPMorgan 2Q15 Revenues Down, Lower Costs Boost Net Income

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NEW YORK--(BUSINESS WIRE)--JPMorgan Chase & Co. (JPM) reported stable second quarter 2015 (2Q15) results, with net income up 5% year-over-year, and up 6% from the prior quarter, driven primarily by lower legal expenses and stable revenues across most business segments. Core loans grew 12% from the prior year and 5% sequentially. Overall, Fitch Ratings believes JPM's performance continues to benefit from the firm's diverse business segments. The corporate and investment bank (CIB) saw a sequ

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