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Tag Archives: FDIC Acting Chairman Martin J. Gruenberg

Nation’s banks gain on income in 1Q but loan levels drop

  Commercial banks and savings institutions in the United States are on track to complete three years consecutive quarterly earnings increases, but their lending has dipped for the time in nearly a year. The financial institutions made a total profit of $35.3 billion in the first quarter, a $6.6 billion improvement from the $28.8 billion in net income the industry ...

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