Three of the biggest US banks set a fresh record in the third quarter for how much they earned from lending, with customers continuing to borrow even as interest rates increased. Norah Mulinda has more. (Source: Bloomberg)
Higher Rates Turbocharge Lending Income for Biggest US Banks
Three of the biggest US banks set a fresh record in the third quarter for how much they earned from lending, with customers continuing to borrow even as interest rates increased. Norah Mulinda has more. (Source: Bloomberg)
This article was originally published by
Bloomberg Markets
and is republished here under license.
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