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"The tank doesn't look empty yet," says Bernstein's John McDonald, speaking about the trend of...

"The tank doesn't look empty yet," says Bernstein's John McDonald, speaking about the trend of bank profits benefitting from releases of loss reserves. It is fading though, he allows, and likely to account for about 10% of profit at large and mid-cap banks this year and 1% next year vs. 22% in 2012. At the top of the list of those benefitting sits Bank of America (BAC). Also: Synovus Financial (SNV), Citigroup (C), and PNC.
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