Finance

Big banks are done reporting earnings. Here’s how our financial names performed against peers

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A combination file photo shows Wells Fargo, Citibank, Morgan Stanley, JPMorgan Chase, Bank of America and Goldman Sachs.

Reuters

Despite a murky macroeconomic environment and heightened fears around the health of the banking sector, the nation’s largest financial institutions all reported earnings beats for the third quarter.

Some businesses performed better than others. However, none of them has been rewarded with higher stock prices — yet.

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