What Earnings Say About the Future of Banking
Published April 19, 2013 8:12 AM
|
Updated February 10, 2020 10:45 AM
2:21
A lack of growth in core deposit-taking and lending in the first quarter bodes ill for an industry that's still struggling to regain its post-crisis footing. The disappointing numbers are likely to intensify banks' push to expand into businesses like wealth management and auto lending.