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Reuters: U.S. Banks Profits to Tumble on Higher Bad Loan Reserves

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Date: Jul 11, 2022 @ 07:25 AM
Filed Under: Banking News

Reuters reported second quarter profits at large U.S. banks are expected to fall sharply from a year earlier on increased loan loss reserves, as the pandemic recovery gives way to a possible recession.

To read the full Reuters report, click here.



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