WASHINGTON (Reuters) – The U.S. banking industry posted its highest earnings since 2006 in the third quarter, as revenue growth picked up and banks set aside less money to guard against losses, according to data released on Tuesday by the Federal Deposit Insurance Corp. The FDIC quarterly report showed the industry earned $ 37.6 billion in the third quarter, up $ 2.3 billion, or 6.6 percent, from a year earlier. That was the highest quarterly total for the industry since the third quarter of 2006, the FDIC said. …
Earnings News Headlines – Yahoo! News
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