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Mixed US bank earnings as Wells Fargo hit by legal costs

Source: YAHOO
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Article Overview
US banking giants JPMorgan Chase and Wells Fargo kicked off earnings season Friday with mixed results that included hefty new legal costs at Wells following its fake accounts scandal. Results from both banks were significantly affected by the just-enacted US tax overhaul, boosting Wells and hitting


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Word Pool
Word Count
Mixed 627
US 30728
bank 2353
earnings 1430
Wells 938
Fargo 807
hit 6038
by 38274
legal 4349
costs 1274

Article Tempature

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