Higher interest rates boost US bank earnings
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5 days ago

Higher interest rates boost US bank earnings

NEW YORK: Large US banks reported higher third-quarter earnings on Friday, reflecting the benefits of higher interest rates for the financial sector with little of the downside that has worried financial markets this week. Shares of JPMorgan Chase, Citigroup and Wells Fargo all rose in pre-market trading following the stream of reports, the unofficial kickoff [ ]

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