BBC News - JP Morgan Chase reports $3.3bn profits

Wall Street bank JP Morgan Chase has reported profits of $3.3bn (£2bn) for the last three months of 2009. // Staff compensation - made up of salaries and bonuses - totalled $27bn for the year.
Investment bankers earned $9.3bn in pay and bonuses. // Jamie Dimon, JP Morgan's chairman and chief executive, said he was pleased with the bank's performance, but said it could be better. // JP Morgan received $25bn of funds from the government's bail-out fund, known as the Troubled Asset Relief Programme (Tarp), but repaid it in full in June last year. // Unlike many of its rivals, the bank did not report a quarterly loss during the financial crisis, having benefitted from a relatively low exposure to the US sub-prime mortgage market.