Daily News: January 22, 2014

Reuters: U.S. Bankers Optimistic With Rise in Business Loans

Reuters reported that U.S. bank executives are increasingly optimistic about the U.S. economy, as loans to business have risen to a record high.

The article said outstanding loans to companies reached an all-time high of $1.61 trillion at the end of 2013, topping a record set in late 2008, citing Federal Reserve data.

Reuters quoted JPMorgan Chase chief executive Jamie Dimon as saying, “The sun and moon and stars are lined up for a very successful year,” noting that corporations, small business, the stock market and the U.S. housing market are all showing signs of improving.

To read the full Reuters article click here.