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Banks are facing the toughest market in months to sell leveraged loans for buyouts, leaving them at risk of lower fees or even potential losses. But they’re forging ahead anyway since there’s no obvious sign of a near-term catalyst which could help curb the meltdown. BBG
JPMorgan Chase kicked off second quarter earnings with worse than expected earnings. Investment-banking fees were down sharply, much like competitor M
[See the full post at: JPMorgan Sets Aside More for Bad Loans and Suspends Buybacks after Earnings Miss]
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