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...
By Bloomberg Markets · Bloomberg Markets
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)