Banking industry profits hit another record, $62 billion

  • 📰 washingtonpost
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

The 29 percent increase in quarterly profits is just the latest indication that a decade after a global financial crisis that wiped out trillions in wealth, the country’s 5,400 banks have not just recovered but are even stronger.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Fractional reserve banking....the greatest robbery in American history. The most corrupt banking practice in the world...yet our journalists say/do nothing to expose the corruption..Disgusting.

Is that Long Count Billions or Short Count ! X,000,000,000,000 or x,000,000,000 ! One mans’ Billion is anothers’ Trillion and also a lot less than anothers’ Trillion ! Cant and jargon !

Way to go big banks

Good. That’s good.

conservative tax reform at work, the rich just keep getting richer.

GTCost

😑

The American people need to thank the GOP and the Democrats for their contribution to the banks.

Trump is making banks richer...and everybody else poorer.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 95. in AU

Australia Australia Latest News, Australia Australia Headlines