JPMorgan can earn $ 29 billion on "toxic assets"
The second largest American bank JPMorgan Chase can earn on the "bad assets" inherited from the absorbed Washington Mutual Bank, about $ 29 billion, Bloomberg reports. The profit from poor assets will be removed, although in smaller volumes, other leaders of the American banking sector - Wells Fargo, Bank of America and PNC Financial Services Group, who became heirs of mortgage assets of banks and mortgage brokers, such as Wachovia, Countrywide and National City.