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Wednesday Headlines: BofA, Citi, Wells Fargo all top estimates
By Matt Stichnoth,
Wall Street Journal: Bank of America’s Profit More Than Doubles
Reuters: Citigroup profit beats estimates on reserve release
MarketWatch: Wells Fargo Q2 earnings boosted by $1.6 billion release of loan loss reserves
Financial Times: Taper tensions: Jay Powell under pressure as US inflation surges
New York Post: Goldman Sachs caught in flareup over natural gas pollution in North Dakota
New York Times: Behind the Lordstown Debacle, the Hand of a Wall Street Dealmaker
Financial Times: Private credit joins private equity to freeze out banks