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BNKZ - Fee wars also to hurt big banks' earnings - KBW
Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - BNKZ
For Morgan Stanley (MS-2.1%), Bank of America (BAC-1.2%), and Wells Fargo (WFC-0.6%), the commission rates price war will cut 2020 EPS by ~2.3%-6.6% in a worst-case scenario, estimates KBW analyst Brian Kleinhanzl.
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