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NEW YORK — Three of the nation’s biggest banks — JPMorgan Chase, Bank of America and Wells Fargo — are benefiting from growing deposits, fewer bad loans and higher investment banking fees.
But not everything is rosy as the banks report earnings this week. Revenue remains weak and some of the banks’ earnings have come from one-time accounting moves. There are also ongoing legal expenses related to mortgage securities and other kinds of lawsuits.
Here are some trends in fourth-quarter bank earnings.