2016-01-19 — reuters.com
The bank has $21.3 billion in energy-related loans, representing about 2 percent of total loans, Chief Financial Officer Paul Donofrio said on call with reporters.... Total net charge-offs rose 30 percent to $1.14 billion.
Notice that virtually all growth was in foreign operations... not a great vote of confidence in the US economy. And of course, as carried here a few days ago, we know the Fed has directed banks to play "extend and pretend" with their energy loan portfolios...
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