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credit losses

Concerns About Credit Risk in SRTs Are Growing

(Bloomberg) -- Market participants are growing increasingly concerned about the credit risk from significant risk transfers, a type of capital...

AmEx profit beats estimate on robust customer spending

(Reuters) - American Express reported third-quarter profit above Wall Street estimates on Friday, as higher spending on its cards offset a hit from bigger...

JPMorgan’s profits fall 2% despite strong Wall Street performance

Profits at JPMorgan Chase (JPM) fell in the third quarter as it set aside more money to cover future loan losses, but its Wall...

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