April 19, 2011 at 18:18 PM EDT
US Bank Asset Growth Does Not Yet Indicate Improving Market Conditions
Standard & Poor’s says it will take a couple more years before US banks return to solid asset growth. U.S. banks’ total assets grew in March at an annualized monthly rate of 21.7% after growing by a revised 14.6% in February. A buildup in cash and treasury securities largely caused March asset growth, [...]
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