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US banks spell out toll of low oil prices - Financial Times
Financial Times | US banks spell out toll of low oil prices Financial Times Three of America's biggest banks have each taken $500m hits on their energy portfolios and warned of more pain to come, as they spelt out the damage inflicted by lower oil prices. Wells Fargo, Bank of America and JPMorgan Chase were among the most ... Bank of America and Wells Fargo hit by oil price fall Wells Fargo's Oil Misfire Pushes Profits Below $1 A Share, But No Cause For Alarm Wall Street bankers paying price for backing oil boom |
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