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The Decline of U.S. Retail Banks

iStock Analyst
There are some reasons to believe we’ve already seen the peak of these mega-financial institutions. For instance, retail banking profits are down more than 50 percent from the pre-crisis peak. According to a report by banking consultants Novantas, “it is now clear that revenues will not return to former levels.”

Read more: “The Decline of U.S. Retail Banks”

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