Trading and one-off gains lift bank profits
Trading activities and one-off gains helped US banks record positive results during the week ending July 17, despite a continuing deterioration in traditional lending businesses, analysts said.
Source: Risk magazine
| 20 Jul 2009
Categories: Structured Products, Equity Derivatives
Topics: Goldman Sachs, US Treasury, Tanya Azarchs, Bank of America Merrill Lynch (BAML), Citi, JP Morgan Chase, Standard & Poor’s (S&P)