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Mixed US bank earnings as Wells Fargo hit by legal costs

January 14, 2018
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Mixed US bank earnings as Wells Fargo hit by legal costsUS banking giants JPMorgan Chase and Wells Fargo kicked off earnings season Friday with mixed results that included hefty new legal costs at Wells following its fake accounts scandal. Results from both banks were significantly affected by the just-enacted US tax overhaul, boosting Wells and hitting JPMorgan.




from Yahoo News - Latest News & Headlines https://yhoo.it/2EHhfyR
via Yahoo News

14Jan2018

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