Big Banks and Customers Continue to Feel Pressure From Higher Rates
The Wall Street JournalJPMorgan and Wells Fargo both reported a drop in quarterly profit, while Citigroup’s profit rose, driven in part by the bank’s cost-cutting measures.
JPMorgan and Wells Fargo both reported a drop in quarterly profit, while Citigroup’s profit rose, driven in part by the bank’s cost-cutting measures.