by Phil Hoover, Real Estate Broker

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 Print This Post
  1. One Response to “Big Banks Report Record Earnings”

  2. By joe on Feb 1, 2013

    I work for Chase and the average raise was 2%…How about sharing the wealth?

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