Mid-term net income for the most important U.S. banks amounted to ninety six billion euros

Mid-term net income for the most important U.S. banks amounted to ninety six billion euros

Specialized study complete that U.S. banks were ready to overcome the burdens ensuing from the monetary crisis that regarding} about four years past, quicker than its European counterpart.

The global firm same "Any Way" once "Ernst & Young" on Sunday, in urban center, during this study it's for this reason, the U.S. banks have currently become considerably a lot of profitable than European banks.

The company explained that net profits of the 10 largest U.S. banks reached throughout the primary half this year, ninety six billion euros, similar to fourfold net profits of the most important European banks.

The results of the study showed that net profits of those 10 U.S. banks within the 1st six months of 2013 achieved a one hundred and sixtieth increase compared to a net income within the same amount of last year.

In distinction, internet profits of the most important European banks throughout the primary six months of this year, solely twenty four billion euros, up fifty four compared to a similar amount of 2012 "

It ought to be noted that net profits of the most important European banks throughout the amount between 2004 to 2007, before the monetary crisis was on a similar level with net profits of the most important U.S. banks