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Pete Schroeder

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  • Financial Regulation Correspondent, Reuters
Washington, D.C.
As seen in: Reuters, MSN, MSN Australia, MSN Canada, MSN Deutschland, MSN Ireland, MSN Money Canada, MSN Singapore, MSN UK, UOL, Business Insider and
@Reuters correspondent, Notre Dame alum. Spelled like the Peanuts character, pronounced like Hank from "Breaking Bad." pete.schroeder@thomsonreuters.com

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Articles

U.S. bank profits climb 12% in second quarter as loan growth climbs: FDIC

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By Pete Schroeder Verified
| Zawya Verified
The U.S. banking sector recorded $90.1 billion in profits in the second quarter of 2026, climbing 12% from the prior quarter, the Federal Deposit Insurance Corporation reported Tuesday. The profit growth was driven by higher noninterest income, securities gains, and lower provision expenses at banks, the FDIC said. The agency also reported that the rate of nonaccrual and past-due loans fell in the second quarter, and loan growth rose 6.8% from a year prior.
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US Bank Profits Climb 12% in Q2 on Loan Growth

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By Pete Schroeder Verified
| Newsmax Verified
The U.S. banking sector recorded $90.1 billion in profits in ‌the ​second quarter of 2026, climbing 12% ⁠from the ​prior quarter, the Federal ⁠Deposit Insurance Corporation reported Tuesday. The profit growth ‌was ​driven by higher ‌noninterest income, securities ‌gains, and lower provision expenses at banks, ⁠the FDIC ‌said. The agency also ⁠reported ⁠that the rate of ‌nonaccrual and past-due loans fell in the ‌second ​quarter, ‌and loan growth rose 6.8% from ​a year prior.
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US regulator approves bank charter for Trump-backed crypto company World Liberty Financial

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By Lawrence Delevingne Verified, Pete Schroeder Verified
| The Star (Malaysia) Verified
Aug 14 (Reuters) - A national U.S. ⁠bank regulator on Friday conditionally approved a bank charter application linked to President Donald Trump and his family’s crypto venture, World Liberty Financial, effectively greenlighting an ⁠expansion of its stablecoin operations.
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