Bank Profits Fell 6% Last Year as War, Inflation and Higher Rates Hurt Results,The $263 billion in total profit ranks as second-best on record, yet recession fears prompted a rise in loan-loss reserves.
Bank Profits Fell 6% Last Year as War, Inflation and Higher Rates Hurt Results
The $263 billion in total profit ranks as second-best on record, yet recession fears prompted a rise in loan-loss reserves.
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