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JPMorgan forecasts NII to increase to about $84 billion after First Republic deal


NEW YORK (Reuters) – JPMorgan Chase & Co on Monday forecast full-year net interest income, excluding markets outlook, will increase to about $84 billion due to its acquisition of First Republic’s assets.

(Reporting by Nupur Anand and Lananh Nguyen in New York and Mehnaz Yasmin in Bengaluru; Editing by Saumyadeb Chakrabarty)

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