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Wells Fargo posts higher profit on cost controls, rise in loans

Reuters Tuesday, 16 July 2019
Wells Fargo & Co reported higher quarterly profit on Tuesday despite flat revenue as the bank benefited from lower costs.
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News video: JPM, WFC, GS Earnings: The Economy Is Strong, But There's a Caveat

JPM, WFC, GS Earnings: The Economy Is Strong, But There's a Caveat 00:54

It's a mixed bag. TheStreet breaks it down. Let's go bank by bank. JPMorgan JPMorgan beat revenue and earnings per share expectations, posting revenue of $29.6 billion and EPS of $2.59. Analysts were looking for $28.9 billion and $2.50. CEO Jamie Dimon mentioned the strong credit card and...

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