Deposit costs, card woes, trade wars: Red flags abound in 2Q results.

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  • Additional Information
    • Subject Terms:
      J.P. Morgan Chase & Co.
    • Subject Terms:
      DIMON, Jamie, 1956-
    • Abstract:
      The article reports developments and issues in the U.S. banking industry in the second quarter of 2018. Also cited are the improved earnings by major banks like JPMorgan Chase in the period due to such factors as tax cuts, improved economy and loan growth, some key risks in the sector like tariff, trade war, and consumer credit, as well as the comment of JPMorgan Chase's Jamie Dimon on their operation, in particular, and the banking industry, in general.