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Net income rose to $11.4 billion from $4.2 billion a year earlier as many of the bank's main businesses, including wealth management and global banking, posting record revenues.
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Across the bank, consumer banking posted revenue gains of 2 percent, to $10.2 billion, from the period a year earlier, while net income in the consumer banking unit increased 18 percent, to $2.2 billion.
Investment banking posted a smaller 8 percent increase, to $283 million, as raising equity and debt financing for clients more than covered a drop in deal advisory fees.
Signs of recovery are evident across the board as tycoons in diverse industries, from real estate to food to banking, posted gains.
Its banking system has held up well, with some national banks posting healthy profits during the financial crisis.
Given the grim parade of big banks posting subprime-induced losses, the concern here is that spending on things like business intelligence will freeze.
Of course, what I came up with is WAY too long for a phone bank posting.
Small and midsize regional banks posted even bigger gains.
The bank posted net revenues of $9.13bn, up 6%.
(This was before the investment bank posted losses of $2.2bn).
On Tuesday the bank posted profits of £1.32bn for the last quarter.
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CEO of Professional Science Editing for Scientists @ prosciediting.com