Business
11:31 pm
Tue July 16, 2013

Rising Interest Rates Worry Banking Industry

Originally published on Wed July 17, 2013 12:08 am

Five years after the start of the financial crisis, the U.S. banking industry continues to earn strong profits. On Tuesday, Goldman Sachs became the latest big bank to report better than expected earnings. But rising interest rates mean a riskier environment for banks.

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