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Wells Fargo CEO Charles Scharf said the bank’s business remained 'strong' despite the recent banking crises, while JPMorgan Chase’s wealth division boasted a YoY net income boost of 36%.
Financial Times lays out the case for why the extent of the likely troubles in the commercial real estate sector is exaggerated. Shadow lenders are getting ready to fill the debt gap left by banks and CMBS shops, according to Bloomberg. These are...
