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What crisis? Big bank profits soar despite banking troubles 

Por: The Hill Politics April 17, 2023

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Large U.S. banks reported massive earnings Friday, signaling that the biggest institutions largely shrugged off the banking crisis stemming from Silicon Valley Bank’s collapse.  JPMorgan Chase, the largest bank in the nation, posted $12.6 billion in first-quarter profits, a whopping 52 percent increase from the same period last year.  JPMorgan, Citigroup and Wells Fargo, three of the four largest U.S. banks, credited the surprisingly strong... + full article



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