JPMORGAN RECORDS BIGGEST EVER ANNUAL PROFIT

On Tuesday, JPMorgan Chase & Co posted its biggest-ever annual profit. As in the last three months of the year, it's bond trading business bounced back. It has set up a positive tone for the big U.S. banks reporting this week.

Jennifer Piepszak, Chief Financial Officer, JPMorgan stated that they are constructively heading into 2020. They are supported by the strength of the U.S. consumer. She claims that they will remain well....