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JPMorgan Chase on Friday posted third-quarter results that topped analysts' estimates for profit and revenue as the firm reaped more than expected in interest income. Revenue: $33.49 billion, vs. $32.1 billion estimate. The bank said net interest income surged 34% in the quarter to $17.6 billion, thanks to higher interest rates and an expanding book of loans. JPMorgan, the biggest U.S. bank by assets, will be watched closely for clues on how banks are navigating a confusing environment. Rising interest rates mean that banks' core lending activity is becoming more profitable.
Additions to the organizational chart also highlight the growth within some of JPMorgan's key teams. The chart focuses on key executives as well as the people who support them. In the chart, those leaders that sit on JPMorgan's Operating Committee are denoted as Senior executives. It also provides some clues as to who might one day succeed Dimon, Wall Street's longest running CEO. See the chart here:Have we missed anyone, or do you know more about how the power is shared at JPMorgan?
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