(Reuters) - But if earnings reports from the No. 1 and No. 5 U.S. investment banks on Thursday show anything, it's the importance of investment banks not keeping too many eggs in one basket.
Both banks suffered from rising mortgage defaults, which made lenders less likely to make home loans and reduced underwriting volumes.
Read more at Reuters.com Business News
Both banks suffered from rising mortgage defaults, which made lenders less likely to make home loans and reduced underwriting volumes.
Read more at Reuters.com Business News
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