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Retail Spending, Credit Cards Help JPMorgan’s CCB in 1Q18

Retail Spending, Credit Cards Help JPMorgan’s CCB in 1Q18

JPMorgan Chase’s (JPM) Consumer and Community Banking (or CCB) segment posted revenue of $12.6 billion in 1Q18, a rise of 15% YoY (year-over-year) and 4% sequentially, reflecting strong spending momentum and middle-market lending.