JPMorgan and Goldman report jump in Q4 profit

JPMorgan Chase and Goldman Sachs Group both reported significant increases in profit for the fourth quarter of 2012. JPMorgan reported a 53% increase in quarterly earnings, while Goldman posted earnings that were nearly triple those of the same period the previous year. "We're definitely coming out of the abyss," said Ken Leon, an S&P Capital IQ banking analyst. However, he said, "We are not anywhere near euphoria."

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