Is the Banking Industry looking up? Not so fast.

Categories: Economy

Is the Banking Industry looking up? To some sources it very well could be. Some banks have reported that they have gained a lot of ground when the First Quarter reports came out. Several banks have recently seen an upswing, among those are JP Morgan, Goldman Sachs and recently, the Citigroup. According to Citigroup, they did not anticipate such a big turnaround and it was very refreshing to report that the beat out expectations. It made a $1.6 billion gain compared to an ... Read More