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Wall Street's top 4 banks wrote off $3.4 billion in bad loans from borrowers who couldn't keep up in the first 3 months of 2023
(April 20 23:52) Businessinsider.sg
JPMorgan, Citigroup, Wells Fargo and Bank of America wrote off $3.4 billion in bad loans from borrowers in the first three months of 2023, per Bloomberg.
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