2014-01-14washingtonpost.com

``Billions of dollars in legal costs from a string of government settlements drove fourth-quarter profits down 7 percent at JPMorgan Chase, capping off a tumultuous year for the nation's biggest bank. On Tuesday, JPMorgan reported net income of $5.28 billion, or $1.30 a share, for the last three months of 2013, compared with $5.69 billion for the same period a year earlier. Revenue for the quarter, which penciled in at $24 billion, fell 1 percent over the prior year.''



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