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Citi, Wells Report Earnings Beat; BofA Mixed

Citi, Wells Report Earnings Beat; BofA Mixed

Citigroup and Wells Fargo reported a beat in Q2 earnings while Bank of America (BofA) posted a mixed result: Citi reported net income of $6.2bn in the second quarter, up 5.6x YoY on revenues of $17.5bn. Provisions for credit losses on loans fell 27% to $19.2bn....
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