Tuesday, February 26, 2013

2012 Was Wall Street’s Most Profitable Year Since The Financial Crisis

2012 Was Wall Street’s Most Profitable Year Since The Financial Crisis: According to the Federal Deposit Insurance Corp., banks in 2012 had their most profitable year since 2006 and their second most profitable year ever. Banks made nearly $35 billion in the fourth quarter of last year, bringing their yearly total to more than $141 billion: Commercial banks and savings institutions insured by the Federal Deposit [...]/p