MM120: J.P. Morgan, Citi, Wells Fargo & BlackRock earnings explained!
Market Maker
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The Parallels Between JP Morgan and City Group
Stephen Fung: City group has had a really, really rough ride of it and have been in the process of trying to straighten their strategy. But once you scratch beneath the surface, I think the difference between JP Morgan and city group becomes really apparent," he says. "From a investment banking perspective, from a global banking and markets perspective, the numbers are way, way off"
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