iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

Top U.S. banks recovery in question – Moody’s

The release on their front page had this to say:

Market optimism about leading US banks’ rapid return to full financial health appears premature, according to a report from Moody’s Analytics. First-quarter earnings showed that bottom line results were bolstered by unsustainable releases of loan loss allowances. Top line revenue generation did not meet expectations. Balance sheet metrics were somewhat more encouraging.

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