Finance
JPMorgan Upgraded by S&P After Decade of Market-Share Gains
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JPMorgan Chase & Co.’s credit grade was raised one notch by S&P Global Ratings, which pointed to the bank’s ability to weather economic shifts after years of wresting market share from rivals.
S&P boosted the New York-based parent company’s long-term issuer credit rating to A on Friday, with a stable outlook.