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JPMorgan Chase, Citi surge, but not Wells Fargo

US banking giants JPMorgan Chase and Citigroup posted strong profits on Tuesday, while Wells Fargo suffered another earnings stumble and signaled cost-cutting is ahead. Shares of JPMorgan and Citigroup rallied after both banks highlighted growth in their credit card businesses as US consumers kept spending during the holiday period. The two New York giants also […]