U.S. Bank Earnings Soared To Record $40.3 Billion Last Quarter Buoyed By More Income From Fees

hurley11-150x150Associated Press
Cornelius Hurley, School of Law, Center for Finance, Law & Policy

U.S. banks earned more from January through March than during any quarter on record, buoyed by greater income from fees and fewer losses from bad loans…

Expert quote:

“The divide between the bigs and everybody else is just enormous. It’s never been this concentrated.”

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