US banks generated record first-quarter profits despite turmoil | Fin…
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However, in a sign that the bumper profits are unlikely to continue, the aggregate interest expense for all banks jumped 10 fold from a year ago to $85bn in the first quarter “Bottom lines look pretty good for the first quarter, but they will not look good for the rest of the year,”
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- However, in a sign that the bumper profits are unlikely to continue, the aggregate interest expense for all banks jumped 10 fold from a year ago to $85bn in the first quarter
- “Bottom lines look pretty good for the first quarter, but they will not look good for the rest of the year,”
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