BUSINESS
07/06/2009 05:12 am ET | Updated May 25, 2011

Accounting Rules Hide Bank Loan Losses

June 5 (Bloomberg) -- Big banks in the U.S. say they're on the mend. The five largest were profitable in the first quarter, rebounding from record losses for the industry in the fourth quarter. Share prices have jumped, with the KBW Bank Index doubling since March 6.

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