Industry News

Chase, Wells Fargo say they can weather subprime storm

Standard & Poor's warns of bigger losses on 2006 loans
Published on Jan 16, 2008

Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

Investors showed renewed confidence that financial markets will weather the subprime mortgage crisis after JPMorgan Chase & Co. and Wells Fargo & Co. reported write-downs on mortgage-related investments dented fourth-quarter profits but that the firms remain adequately capitalized. Standard & ...

Comments