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$JPM 2Q15 Call – Marianne, CFO: YTD our balance sheet is down $120Bil on spot basis, driven by reduction of over $100Bil of non-operating deposit across wholesale businesses.. Also saw $36Bil reduction in trading assets & secured financing as we continue to make progress in simplifying our balance sheet.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.