Scribd Logo
Upload

Welcome to Scribd!

  • Pandemic Profits Begin To Ebb at America's Biggest Banks - WSJ

    Uploaded by

    Prateek Singh
    8 views3 pages

    Original Title

    Pandemic Profits Begin to Ebb at America’s Biggest Banks - WSJ

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    8 views3 pages

    Pandemic Profits Begin To Ebb at America's Biggest Banks - WSJ

    Uploaded by

    Prateek Singh

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 3

    FINANCE

    Pandemic Profits Begin to Ebb at America’s Biggest


    Banks
    Quarterly earnings fall at JPMorgan and Citigroup, ending what had been a streak of big gains

    By
    David Benoit and Orla McCaffrey
    Updated Jan. 14, 2022 4:29 pm ET

    The tumultuous pandemic economy sent big-bank profits to great heights. They’re coming
    back down to earth.

    Fourth-quarter profit fell 14% at JPMorgan Chase & Co. and 26% at Citigroup Inc., ending
    what had been a streak of big gains for most of 2021. Revenue didn’t budge much, but
    expenses rose. JPMorgan shares fell 6.1%, and Citigroup fell 1.3%.

    TO READ THE FULL STORY

    SUBSCRIBE

    SIGN IN

    Continue reading your article with

    a WSJ membership

    Special Offer
    3-Month Free Trial

    VIEW MEMBERSHIP OPTIONS

    You might also like