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US Bank Earnings Surpass Wall Street Expectations
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-Herman Chan, Senior Analyst, US Banks for Bloomberg Intelligence, recaps U.S bank earnings.
JPMorgan Chase & Co. reported its highest quarterly profit ever, with a long-held Visa Inc. stake paying off to the tune of $4.6 billion.
Goldman Sachs Group Inc. posted $7.42 billion for a quarter with record results in its equities unit, driven by financing and taking profit in arranging bets.
Bank of America Corp.'s stock traders notched a record during the second…
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