Banks Are More Profitable Than Ever But Risks Abound


In a report published on November 15 by Moody’s Investors Services, Moody’s analysts confirmed what I have been suspecting for a few months. U.S. banks’ Common Equity Tier 1 (CET1) has been decreasing. The fact that common equity and retained earnings are decreasing concerns me, because they are what help banks sustain unexpected losses. Read More

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