Big California banks see 2011 earnings bounce
IN THIS ARTICLE
- Banking & Finance Topic
- Henry Dubroff Author
By Henry Dubroff Friday, January 27th, 2012
Conventional wisdom holds that California is an economic basket case with high unemployment, billion-dollar budget deficits, a weak housing market and corporations that would rather flee than expand. But some top regional and national banks beg to differ. Their fourth-quarter and year-end earnings reports tell the story of increased profitability, loan growth and dwindling loss…
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