Despite a massive recession, JPMorgan Chase just posted record revenue — here’s how the bank did it

Despite a massive recession, JPMorgan Chase just posted record revenue — here’s how the bank did it

Jamie Dimon, chief executive officer of JPMorgan Chase & Co.

Marlene Awaad | Bloomberg | Getty Images

JPMorgan Chase managed to throw off the most quarterly revenue in its history at the same time that the U.S. economy is in the throes of a sharp recession.

The bank posted $33.8 billion in second-quarter revenue, helping it earn a better-than-expected$4.69 billion in profit for the…

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