A pickup in lending is turning out to be a bright spot in somber U.S. bank earnings, as...

|By:, SA News Editor

A pickup in lending is turning out to be a bright spot in somber U.S. bank earnings, as Citigroup (C) and Wells Fargo (WFC) both recorded their strongest loan-growth numbers since the financial crisis. “Companies that are creditworthy haven’t been in a borrowing mood, but we are starting to see that change,” Sandler O’Neill's Jeffrey Harte says.