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Banks Are Back in the Black

February 03, 2013 at 6:00 PM EST


Signs of economic recovery are evident — if too marginal to celebrate — in GDP growth, housing and employment. But one bellwether has been more positive and less ambiguous than most, and it is a measure of that most embattled of business sectors: the banking industry.

In the lingering shadow of the financial crisis, traditional banks have fixed a lot of their balance-sheet ills, and their profitability is reaching new highs.



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