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(The author is a Reuters Breakingviews columnist. The opinions expressed are his own.) By Stephen Gandel NEW YORK, Oct 13 (Reuters Breakingviews) — JPMorgan boss Jamie Dimon is, as ever, worried. When presenting his bank’s third-quarter results on Tuesday, he bemoaned the US deficit, “sticky inflation,” housing prices
Wells Fargo’s CFO said client trading activity slowed significantly in the final weeks of September, weighing on third-quarter results. The bank reported earnings of $1.87 per share and revenue of $21.870 billion, and reaffirmed its 2026 guidance.
Wells Fargo said its consumer banking and lending division posted 5% year-over-year revenue growth in the latest quarter. Consumer primary checking accounts have grown year over year for 14 consecutive quarters, and the bank added about 660,000 new credit card accounts.