JPMorgan Chase, Bank of America, Wells Fargo and Citigroup Set Aside $34,866,300,000 for Credit Losses Amid Rising Macro Uncertainty: S&P Global

JPMorgan Chase, Bank of America, Wells Fargo and Citigroup are collectively setting aside tens of billions of dollars to cover potential credit losses as economic uncertainty grows. The four largest banks in the US by total assets are collectively allocating $34. source: https://dailyhodl.com/2025/05/10/jpmorgan-chase-bank-of-america-wells-fargo-and-citigroup-set-aside-34866300000-for-credit-losses-amid-rising-macro-uncertainty-sp-global/