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...As the Financial Times reported, that is more than double the increase of the next bank, Wells Fargo, which reported a 16.5 per cent rise....
...Bank shares had rallied on Thursday before the Fed announcement, with Wells Fargo up 4.8 per cent and Goldman Sachs rising 4.6 per cent....
...America’s top three lenders — Wells Fargo, JPMorgan and Bank of America — have seen their share of home loan origination fall from a peak of 49 per cent in 2010 to just 19 per cent in the first half of this...
...Instant-access savings accounts at Citi and Chase currently offer 0.04 per cent of interest a year, for example, while Wells Fargo and Bank of America are at just 0.01 per cent. 4....
...Senator Elizabeth Warren described it as a victory for scandal-tainted institutions such as Wells Fargo and Equifax....
...Savers in New York with $1,000 will get 0.03 per cent in interest from Bank of America and 0.01 per cent from Chase and Citibank, according to Bankrate.com....
...at Fifth Third, Barclays, Regions Financial, Wells Fargo, Citi, UBS, US Bancorp, Goldman, JPMorgan and PNC Financial....
...Other than the banks, credit card stocks did particularly badly over the week amid concerns of further losses from bad loans. American Express shed 11.5 per cent over the week to $17.01....
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