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record profits

U.S. banks earned more from January through March than during any quarter on record, buoyed by greater income from fees and fewer losses from bad loans. (NICHOLAS KAMM/AFP/Getty Images)

US Banks Report Largest Earning Quarter On Record With $40.3B

U.S. banks earned more from January through March than during any quarter on record, buoyed by greater income from fees and fewer losses from bad loans.

05/29/2013