Profit for Banks Dimmed by Possible Home-Equity Losses: Video

By · Wednesday

April 12 (Bloomberg) — Bank of America Corp., JPMorgan Chase & Co. and Wells Fargo & Co. may have to set aside an additional $30 billion to cover possible losses on home-equity loans, an amount almost equal to analysts estimates of profit at the three banks this year. Bloomberg’s Monica Bertran reports. (Source: Bloomberg)

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