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Profits at big U.S. banks soar since crisis: New York Fed

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People walk inside JP Morgan headquarters in New York, October 25, 2013. REUTERS/Eduardo Munoz - RTR4WPSC

NEW YORK (Reuters) - Profits have soared since the global financial crisis at the five biggest U.S. banks with market-making dealing operations, New York Federal Reserve economists said in an article released on Wednesday.

From 2009 to 2014, the combined net income of J.P. Morgan, Citigroup, Bank of America, Goldman Sachs and Morgan Stanley...


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