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Bank earnings: JPMorgan rises on strong outlook, BofA drops on revenue miss
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The fourth-quarter earnings season has officially started today with major U.S. banks reporting on their performance for the quarter ending December 31.
Overall, JPMorgan Chase & Co (NYSE:JPM)shares rose following results, contrasting with a decline in Bank of America Corp (NYSE:BAC) shares. BlackRock (NYSE:BLK) achieved a milestone as its total assets surpassed the $10 trillion mark.
Here's a brief overview of today’s bank earnings.
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