Credit helps US banks’ financials

news

pg11-dollar-gif

Growth in client demand for credit products has boosted US investment and commercial banks’ revenues, according to banks’ annual financial results for 2004.

Both Goldman Sachs and Merrill Lynch accredited upticks in their yearly and quarterly fixed-income accounts to a growth in credit revenues, which Goldman describes as “significantly higher”.

Although the banks do not break out the specific amount earned in credit, they do report numbers for their fixed-income businesses – and at least half of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here