Years of Central Bank Handouts Fuel Income Inequality

Posted by Capital Trading Group on Jan 24, 2019 8:52:24 AM

Let’s dig into some of the Q4 bank earnings that came out last week. First up Bank of America which posted its largest full year profit in history $28.15 billion. (WSJ) So how did they accomplish such a feat, well let’s just see what their interest rate differential was, i.e. what are they paying depositors compared to the risk-free rate they earn off those deposits.

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