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$USB said at the end of 2Q16, $3Bil of the company's commercial loans and $11.3Bil of commitments were to customers in the energy portfolio, which was down from 1Q16. During 2Q16, criticized commitments within the energy portfolio decreased $509MM, while nonperforming loans fell $54MM, mainly driven by paydowns.
I haven’t seen a drop in banks like this in a long time. Looks like $WFC is still facing pressures from its sales practices scandal..!!
Helping President-elect's America first focus, $WMT set to create 10,000 retail jobs in the US in 2017.
Looks like Trump has his eyes on the $MON and Bayer merger next. He had a meeting with the CEOs and apparently got job promises from them.