Wednesday, 1 June 2016

Energy Troubles Sapped Bank Earnings in 1Q: FDIC

Ties to the energy sector hurt the banking industry in the first quarter as earnings fell 1.9% to $39.1 billion compared to a year earlier, the Federal Deposit Insurance Corp. said Wednesday.

source http://www.americanbanker.com/news/law-regulation/energy-troubles-sapped-bank-earnings-in-1q-fdic-1081280-1.html

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