JPMorgan Chase, Citi and Wells Fargo Lose $5,361,000,000 To Bad Loans in One Quarter As Customers Fail To Pay Debt

{"id":"https://dailyhodl.com/?p=338576","title":"JPMorgan Chase, Citi and Wells Fargo Lose $5,361,000,000 To Bad Loans in One Quarter As Customers Fail To Pay Debt","primaryLink":"https://dailyhodl.com/2025/07/19/jpmorgan-chase-citi-and-wells-fargo-lose-5361000000-to-bad-loans-in-one-quarter-as-customers-fail-to-pay-debt/","links":["https://dailyhodl.com/2025/07/19/jpmorgan-chase-citi-and-wells-fargo-lose-5361000000-to-bad-loans-in-one-quarter-as-customers-fail-to-pay-debt/"],"updatedOn":"0001-01-01 00:00:00Z","publishDate":"2025-07-19 07:04:47Z","summary":"

JPMorgan Chase, Citi and Wells Fargo say they’ve lost $5.361 billion from customers who can no longer pay their debt. In their Q2 2025 earnings reports, the three major banks disclosed billions of dollars in losses from “net charge-offs” — loans written off as uncollectible after all efforts to recover payments proved unsuccessful. Among the […]

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The post JPMorgan Chase, Citi and Wells Fargo Lose $5,361,000,000 To Bad Loans in One Quarter As Customers Fail To Pay Debt appeared first on The Daily Hodl.

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