☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.ml • 5 months agoJPMorgan Chase and Bank of America Suffer $4,500,000,000 in Losses As 'Unrecoverable Debt' Soars: Report - The Daily Hodlexternal-linkmessage-square1 fedilinkarrow-up129cross-posted to: us_news@lemmygrad.mlnews
arrow-up129external-linkJPMorgan Chase and Bank of America Suffer $4,500,000,000 in Losses As 'Unrecoverable Debt' Soars: Report - The Daily Hodl☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.ml • 5 months agomessage-square1 Commentsfedilinkcross-posted to: us_news@lemmygrad.mlnews
minus-squareMNByChoice@midwest.socialhexbear12·5 months agoInteresting article. Despite the losses, both JPMorgan Chase and Bank of America say their balance sheets are sound. JPMorgan Chase earned $49.6 billion in profit last year, while Bank of America earned $24.9 billion. linkfedilink
Interesting article.