U.S. Bancorp Reports Increased Revenues Driven by Deposits and Credit Card Spending
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#5dd0d30d ver:0.4
Bank of America's Q2 profits drop due to shrinking interest income and increased provisions for credit losses, but investment banking fees increase by 29%. Morgan Stanley also reports strong Q2 results driven by investment banking gains. Citizens Financial Group beats expectations with a surge in capital markets fees, while Northern Trust sees a more than two-fold jump in profit. U.S. Bancorp reports increased revenues driven by deposits and credit card spending. #Banking #FinancialResults...
#newstr #UsBancorp #RevenueGrowth #Deposits #CreditCardSpending
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