Bloomberg -- U.S. banks reported record net income of $42.2 billion for the second quarter on broad gains from trading revenue, the Federal Deposit Insurance Corp. said.
Banks earnings for the three months ending June 30 marked a second consecutive record quarter, the FDIC said today in its Quarterly Banking Profile. After the second-most profitable year on record in 2012, the boom has continued in the first half of this year as some of the largest banks scored trading success that outpaced analyst expectations.
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