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Bank Earnings Worry Investors

J.P. Morgan Chase and Wells Fargo released first-quarter results that disappointed investors, underlining the industry's struggles with a sluggish economic recovery and the long hangover from the financial crisis.

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Found more than 1 month ago on channel Wall Street Journal

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Weak Demand for Loans Hits Banks

J.P. Morgan Chase and Wells Fargo reported higher first-quarter profits, but mortgage business and profit margins on lending declined, underscoring lackluster demand for new loans.

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Found 1 month ago on channel Wall Street Journal

Indications: Stock futures fall ahead of J.P. Morgan earnngs

Losses pick up for U.S. stock market futures on Friday as investors ready for earnings from bank majors J.P. Morgan Chase & Co. and Wells Fargo & Co. Retail sales and consumer sentiment will also be key for investors.

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Found 1 month ago on channel MarketWatch

Stocks to Watch: J.P. Morgan, Wells Fargo to kick off bank earnings

J.P. Morgan Chase and Wells Fargo are likely to take center stage on Friday, with the two banks among the first major financial institutions to report quarterly results.

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Found 1 month ago on channel MarketWatch

Banks, Regulators Reach Settlement

Ten U.S. banks reached a $8.5 billion agreement with bank regulators to settle charges of foreclosure abuses. Bank of America, J.P. Morgan Chase, Wells Fargo and Citigroup signed on to the pact.

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Found more than 1 month ago on channel Wall Street Journal

Big banks waive fees in Hurricane Sandy aftermath

NEW YORK - Major U.S. banks, including Bank of America Corp., JP Morgan Chase & Co., Wells Fargo & Co. and Citigroup, are waiving customer fees in states hit by superstorm Sandy, and in some cases are extending the period in which waivers are in effect, as communities struggle to recover.

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Found more than 1 month ago on channel Reuters