U.S. banks profit from higher rates, more loans and lower costs
Friday, 12 October 2018 (
3 days ago)
The U.S. banking industry is enjoying the benefits of a growing economy and lower taxes, and three of the largest lenders reported double-digit profit growth on Friday.
Credit: Wochit - Published
3 days ago < > Embed
According to Reuters, The U.S. banking industry is enjoying the benefits of a growing economy and lower taxes, and three of the largest lenders reported double-digit profit growth on Friday.
The results reflected an array of positive business factors for banks. Their net interest margins - the... ▶ How U.S. Banks Profit 00:45
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