Big banks thriving despite Wells Fargo. Seriously

Who is John Stumpf?

With all due respect to Alcoa (AA), which reported its latest terrible results on Tuesday, earnings season kicks off for real on Friday. That’s when three ginormous banks — Wells Fargo, JPMorgan Chase and Citigroup — are due to report their latest numbers.

Wells Fargo (WFC) will likely get the most attention. As it should. The fake accounts scandal is something that has hurt the bank’s standing with customers and has led to chairman and CEO John Stumpf taking an early retirement.

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