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Banking Industry Now Breaks Down To 'Have' And 'Have-Nots'

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BANKING INDUSTRY

Investors will get their best glimpse yet of the new financial landscape -- known as the New Normal in banker-speak -- when JPMorgan Chase begins the earnings season on Wednesday. Much of the attention is likely to focus on the ability of banks to increase revenue amid many tough new regulations, volatile markets and a still-fragile economy where housing prices have yet to rebound.

These trends, analysts say, could further divide the industry between the weak and the strong, as banks with more diversified businesses and lower operating costs gradually pull ahead of the pack.

Read the whole story at nytimes.com

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