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Bank of America Corp. and JPMorgan Chase & Co., two of the largest U.S. credit card companies, said they expected to face hundreds of millions of dollars of bad loans in the fourth quarter because of October’s surge in bankruptcy filings.
Bank of America Corp. and JPMorgan Chase & Co., two of the largest U.S. credit card companies, said they expected to face hundreds of millions of dollars of bad loans in the fourth quarter because of October’s surge in bankruptcy filings.
