US banks reopen certain branches closed by storm
LaCapraLaCapra--Major U.S. banks said on Wednesday they had reopened more than half of the branches that were closed as Hurricane Sandy battered the U.S. East Coast earlier this week.
November 2, 2012, 12:27 am TWN
JPMorgan Chase & Co. said it had reopened 587 Chase branches, about 55 percent of the total in the states of New York, New Jersey and Pennsylvania.
Nearly 60 percent of the New York City-based bank's 3,200 automated teller machines in the area were running.
Citigroup Inc., as of mid-day Wednesday, had re-opened 55 percent of its nearly 300 branches in and around New York City. Some 70 percent of 1,500 automated teller machines in the area were working.
Wells Fargo & Co. said that nearly 90 percent of its nearly 1,200 branches in Maryland, Virginia, Washington, D.C., Delaware, Pennsylvania, New York, New Jersey and Connecticut had re-opened.