Loans
JPMorgan, Goldman Find Loan-Growth Oasis Among Wealthy Clients
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As the biggest U.S. banks struggle to get loan growth back on track, there’s one class of customer where lending is on the rise: rich people.
JPMorgan Chase & Co. and Goldman Sachs Group Inc. said borrowing by those clients boomed during the second quarter even as loans to less-wealthy customers continued to stagnate.