Roundup of world financial, banking and stock market news.

Friday, 15 January 2010

Banks Still Coping With Credit Crisis "Hangover," WSJ's Craig Says


JPMorgan Chase kicked off bank earnings season Friday with a loud thud. Quarterly profit quadrupled to $3.3 billion but revenue was worse than expected thanks to rising consumer credit costs."The devil was in the details," says Wall Street Journ

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