Consumers support US banks | FT Business
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The American consumer is in decent shape, at least according to the latest earnings from the country's banks. Default rates are near historic lows, encouraging banks to do more lending, yet their results remain underwhelming. The FT's US Financial Correspondent Alistair Gray reviews second quarter earnings season.
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The American consumer is in decent shape, at least according to the latest earnings from the country's banks. Default rates are near historic lows, encouraging banks to do more lending, yet their results remain underwhelming. The FT's US Financial Correspondent Alistair Gray reviews second quarter earnings season.
For more video content from the Financial Times, visit http://www.FT.com/video
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes
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