Share
Share today's newsletter with a colleague
and get credit if they sign up for SmartBrief.
Referral Count:
0
Story being shared
Recovering U.S. banking industry sees best results in 6 years
With a bigger lift from traditional revenue sources than from set-asides for bad loans, the U.S. banking industry saw its healthiest profits in six years in the third quarter, according to the Federal Deposit Insurance Corp. "Loan growth is becoming more established. Banks continue to clean up and strengthen their balance sheets," said FDIC Chairman Martin Gruenberg.
Reuters (12/4), The Wall Street Journal (tiered subscription model) (12/4)
Or we can send an email on your behalf