Wells Fargo, JPMorgan start banks' post-earnings bond spree
The Wall Street giants are borrowing from the debt market after posting strong net interest income and raising their outlook guidance.
Source: moneycontrol.com
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Wells Fargo, JPMorgan Start Banks' Post-Earnings Bond Spree
(Bloomberg) -- Wells Fargo & Co. and JPMorgan Chase & Co. are leading the biggest Wall Street banks in tapping the US investment-grade market after reporting third-quarter earnings.Most Read from BloombergIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in Gaza Flee SouthUS Pushes to Contain Israel-Hamas War, Warns Iran About EscalationIsrael Latest: Biden Weighs Trip, Shekel Drops Past 4 Per DollarXi’s $1 Trillion ‘Project of the Century’ Gets a Reality CheckStocks Rise Amid Efforts
Source: yahoo.com