Capital Markets Biz Boost Big Banks

20 Jul 2009

The capital market businesses of major U.S. banks are boosting their bottom lines even as they face more write-downs from their consumer-linked loan businesses.

The capital market businesses of major U.S. banks are boosting their bottom lines even as they face more write-downs from their consumer-linked loan businesses. Bank of America, JPMorgan Chase and Citigroup, the country’s three largest lenders rakes in a combined $10.2 billion in profits but mainly from investment ...

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