U.S. banks beat profit estimates on economic rebound, red-hot markets - NewsBreak

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By Alvarez in Business
Updated 3 years ago

WASHINGTON (Reuters) - The four largest U.S. consumer banks posted another strong quarter this week as the rebounding economy allowed them to release more cash they had set aside for pandemic losses, while sizzling deals, equity financing and trading activity also boosted their bottom lines. JPMorgan Chase & Co, Citigroup,...

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