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Bank earnings skid on edgy markets

Jan 15, 2019
JPMorgan Chase and Citigroup are reporting weaker than expected earnings this week. Market volatility may have contributed to this as clients shy away from trading, which is a big part of banks’ business these days. Click the audio player above to hear the full story.

Bank earnings show higher lending at lower rates

Jul 15, 2016
Banks are learning to live with "lower for longer" interest rates.
Wells Fargo's net income was $5.6 billion in the second quarter of this year.
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Bank earnings are down, but check out those balance sheets

Apr 19, 2016
While global headwinds cut profits, regulation has created more stable institutions
Pedestrians pass a Chase bank branch in lower Manhattan on April 15, 2016 in New York City. As global markets continue to be rattled by the fall in energy prices and the easing of the Chinese economy, JP Morgan Chase, Bank of America and Wells Fargo announced on Thursday that their profits fell in the first quarter. At JPMorgan revenue fell 13 percent from a year earlier. 
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