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U.S. banks set aside billions for potential loan losses
Video Credit: Reuters Studio
Published on July 14, 2020 - Duration: 01:25s
U.S. banks set aside billions for potential loan losses
JPMorgan Chase, Citigroup and Wells Fargo collectively set aside nearly $26 billion for potential loan losses.
As Fred Katayama reports, quarterly profit at JPMorgan and Citi tumbled while Wells Fargo swung to a loss.
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