Despite a 67% jump in overall profits of insured banks, the FDIC's Quarterly Banking Profile...

|By:, SA News Editor

Despite a 67% jump in overall profits of insured banks, the FDIC's Quarterly Banking Profile shows that big banks are still keeping a tight hold on lending. Six of the 10 largest banks - together holding over half of all assets - reported Y/Y declines in net operating revenue and net interest income.