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Your Guide to Fourth-Quarter Bank Earnings
The wait is over: It’s bank-earnings time.
Profits were up at America’s two largest
banks in the fourth quarter, but JPMorgan
is predicting recession.
Here’s how the banks did:
JPMorgan..
At JPMorgan, profit rose 6% and revenue
jumped 18%.
The bank set aside $1.4 billion for
potential loan losses.
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