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Dayton Business Journal
Big bank stocks likely to benefit from Fed move
Monday, September 17, 2012 

Big banks such as Citigroup and JPMorgan Chase will likely see stock gains after decisions from The Fed and European Central Bank, according to the Wall Street Journal. 

Larger financial institutions have been saddled in a waiting game, but moves such as The Fed buying $40 billion in mortgage securities per month should cycle more dollars through the big banks. 

That decision may prompt more businesses to seek loans, and more consumers to refinance home loans. 

JPMorgan Chase is the third-largest bank in Dayton with $2.1 billion in local deposits. 

See the top 25 big bank brands in America at Dayton Business Journal


 
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