Daily Economic Indicator: Banks face new concerns as earnings season begins

10/13/2010 | Wall Street Journal, The

When summer began, reasons for investor optimism abounded, according to The Wall Street Journal. Congress had approved the Dodd-Frank Act, Basel III rules were poised for approval and the sovereign-debt crisis in Europe was waning. As JPMorgan Chase prepares to kick off the quarterly earnings season, fresh concerns are emerging for the financial industry, adding to some old issues, the newspaper notes.

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Wall Street Journal, The

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