Big Banks Report Record Earnings
The big banks are doing just fine, thank you.
Wells Fargo Bank reported a 24% increase in its 4th quarter 2012 earnings.
Not to be outdone, JPMorgan Chase reported a whopping 53% increase in its 4th quarter 2012 earnings.
Both banks have large mortgage lending operations.
Source: DSNews.com article and DSNews.com article
February 1st, 2013 Posted in Inside Real Estate
Print This Post
One Response to “Big Banks Report Record Earnings”
By joe on Feb 1, 2013
I work for Chase and the average raise was 2%…How about sharing the wealth?