Bank Earnings (4/12/13)
59 views · Published 15 April 2013 · 4:20 · Indexed 22 October 2026
Channel: Nightly Business Report · 2013 · Education
JPMorgan Chase and Wells Fargo may have both reported big profits on Friday, but the banks missed expectations when it came to revenue. JPMorgan's revenue fell 3 percent, and Wells Fargo saw its revenue fall 1.6 percent. Fred Cannon, director of research and chief equity strategist at the bank research firm Keefe, Bruyette and Woods, analyzes the results and looks ahead to upcoming bank earnings for NBR.
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