Increased lending to companies grabs attention in Q4 bank results that otherwise follow a...

|By:, SA News Editor
Increased lending to companies grabs attention in Q4 bank results that otherwise follow a pattern of weak trading revenues, a focus on expenses, and worries about mortgage businesses and litigation. But Nomura's Glenn Schorr sees a caveat: seasonality, "as loans usually shrink in January and February... in 20 of the past 25 years industry loans have ended February at a lower level than the start of the year."