US Banks Should Report Healthy Interim Revenues, Analysts Predict

BANKS

NEW YORK--US banks should show continued profitability when they begin releasing second quarter results this week, according to market participants.

Most industry observers agree that the past six months have provided ample opportunities for profit taking, with volatile conditions persisting in many of the emerging market currencies, as well as the Japanese yen.

"There's a very close correlation between volatility and the bottom line in this business, so we've been benefiting a lot from the r