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U.S. banks set aside billions for potential loan losses

Video Credit: Reuters Studio - Duration: 01:25s - Published
U.S. banks set aside billions for potential loan losses

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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