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That provision is opposed by the banking, lending and securities industries.
But companies outside banking, lending and housing have posted strong financial results: yesterday, earnings by Tenet Healthcare, Nortel Networks and Archer Daniels Midland impressed Wall Street.
Still, even the optimists say it is unlikely to rally until the economic environment improves investment banking, lending and other services for corporations, which combined represent roughly a majority of the bank's revenue.
Bradford say an impending tax bill and a changed banking lending arrangement has left them with virtually no cash.
Specialist Banking division provides a broad range of services: advisory, transactional banking, lending, treasury and trading and investment activities.
Congress was on its way to repealing a depression-era law that made offering full-service banking, lending and insurance products illegal.
Similar(46)
But bank lending increased.
That makes bank lending unprofitable.
A second is bank lending.
Bank lending has fallen sharply.
Banks' lending criteria have tightened.
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