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Credit Cards Help U.S. Banks as Trading, Mortgages Slump – Bloomberg



Credit Cards Help U.S. Banks as Trading, Mortgages Slump
Bloomberg
The biggest U.S. banks, led by JPMorgan Chase & Co. (JPM), are benefiting from credit cards amid a decline in mortgage lending and a trading slump. Card revenue rose 3.1 percent to $1.55 billion in the second quarter from a year earlier, New York-based ...

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