Bank earnings rose sharply in the fourth quarter, the 17th straight quarterly year-over-year increase and showing strong a string of profitability since 2009.
Banks and savings and loans insured by the Federal Deposit Insurance Corporation (FDIC) earned a staggering $40.3 billion in the fourth quarter of 2013, up nearly 17% from a year ago, according to the FDIC. Net income for 2013 was up 9.6% to $154 billion year over...
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.
Get articles and insights from our weekly newsletter.
By entering your email, you agree to our Terms of Service and Privacy Policy.
