One Major Problem Plaguing US Banks: Below-Average Loan-To-Deposit Ratio

posted in: Credit, Economy | 0

Through Wednesday, three major U.S. banks have reported third-quarter results, and if there is one common theme, it is the top line.  There is no growth. JPMorgan Chase (JPM) reported revenues of $23.5 billion, versus $25.1 billion last year.  For … Continued