FirstFT: US banks make record $80bn in first-quarter profits despite turmoil
Published
Also in today’s newsletter, Uber launches flight bookings in UK app and Biden urges Republicans to drop default threat
#uber #republicans
Published
Also in today’s newsletter, Uber launches flight bookings in UK app and Biden urges Republicans to drop default threat
#uber #republicans
Profits at US banks in the first quarter reached record levels, rising by a third to a total of $80bn, even as the sector dealt..
Lenders benefited from higher rates, low loan defaults and an expanding jobs market