Bank Earnings

JPMorgan Chase and Wells Fargo may have both reported big profits on Friday, but the banks missed expectations when it came to revenue. JPMorgan’s revenue fell 3 percent, and Wells Fargo saw its revenue fall 1.6 percent. Fred Cannon, director of research and chief equity strategist at the bank research firm Keefe, Bruyette and Woods, analyzes the results and looks ahead to upcoming bank earnings for NBR.

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