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Banks brace for more consumers to fall behind on their loans

Por: Fox Business Business January 31, 2023

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Mahoney Asset Management CEO Ken Mahoney and Comerica Wealth Management CIO John Lynch assess Bank of America, JPMorgan Chase and Wells Fargo's stocks performances on earnings and revenue on 'Mornings with Maria.' U.S. banks dusted off their recession-ready playbooks at the end of 2022. Regional lenders and banks with continued to profit from borrowers who ran up credit balances at higher interest rates in the fourth quarter. But... + full article



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