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The announcement helped banking shares move higher in Europe on Tuesday.
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A deal between American and European regulators on derivatives has helped banks dodge a bullet.
The low rates have helped banks by keeping their own borrowing costs down.
[Page C2.] Bank of America Profits Increase Strong mortgage lending and investment banking helped Bank of America increase profits by 4percentt in the fourth quarter.
Some have also helped banks raise capital so they can more easily write off their sour loans.
He also conceded that the taxpayer guarantee of the financial system may have helped banks pay bonuses.
That helped Bank of America shares climb by 31percentt in the first half of this year, and First Union by 26percentt.
The ability to keep provisions low has helped banks soften the blow.
And in the end, will these newly helped banks loan again as they did before?
Did Dodd-Frank regulations help banks make more loans?
Brown-Vitter might actually help banks by restoring that trust.
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