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Business

How our banks Wells Fargo and Morgan Stanley performed compared to their peers

Nature

A combined file photo shows Wells Fargo, Citibank, Morgan Stanley, JPMorgan Chase, Bank of America and Goldman Sachs.

Reuters

Despite a gloomy macroeconomic environment and heightened fears about the health of the banking sector, the country’s largest financial institutions all reported higher third-quarter profits.

Some companies performed better than others. However, none of them have yet been rewarded with a rise in stock price.

Nature
cnbc Business

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