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Revenue rose just 3.5 percent, lagging increases of 11percent at Citigroup Inc and 14 percent at JPMorgan Chase& Co. But Bank of America cut operating expenses 6percent, while expenses grew at JPMorgan and Citigroup.
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The number of visits to U.S. emergency rooms involving MDMA has jumped 123 percent since 2004, according to data compiled by the Drug Abuse Warning Network. In 2011, the most recent year on record, there were 22,498 such visits.
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A rise in borrowing costs reduced homeowners’ demand for mortgages, prompting J.P. Morgan and other banks to speed up job cuts after they spent the past two years ramping up their mortgage businesses to take advantage of a surge in refinancing activity that was spurred by historically low interest rates. For the third quarter, J.P. Morgan’s mortgage-loan originations were $40.5 billion, down 14% from the previous year and 17% from the second quarter.
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Britain and the United States were more forceful in their criticism of the voting process, though Mugabe has based his career in part on sparring with Western powers and there is little chance their disapproval will sway him.