Banks earned $5.7 billion in derivatives
Posted: December 19, 2009 at 4:49 a.m.
U.S. banks earned $5.7 billion trading derivatives and cash investments in the third quarter, as the level of credit risk continued to decline in the global market, a government report released Friday shows.
This story is only available from the archives. Click here to contact the online desk.
Business, Pages 34 on 12/19/2009
(Advertisement)
« Previous Story
30% profit dip dispirits FedEx
FedEx offered a tepid outlook Thursday for the quarter that ends in February, after reporting fiscal second-quarter results fell 30 percent from a year ago. Read »
Next Story »
MARKET REPORT: Tech stocks halt market’s slid...
The stock market broke a three-day slide as two big technology companies signaled that business was improving, raising hopes about business spending. Read »

Comments
To report abuse or misuse of this area please hit the "Suggest Removal" link in the comment to alert our online managers. Please read our comment policy.
Use the comment form below to begin a discussion about this content.
Registration is required to make comments. Click here to LOGIN.
You can register for FREE to post comments and receive alerts.