Wednesday , 21 October 2020

Banks Report: ‘Better-Than-Expected’ Q3 Results

The major banks this week reported Q3 returns. For top three U.S. banks—Bank of America, Wells Fargo, and Goldman Sachs—NASDAQ summarized that ” results were notably better than expected” but “mixed.” JPMorgan Chase also reported better financial performance than was expected, and less-than-expected losses. And Citigroup reported Q3 earnings that beat profit and revenue estimates. …

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