1
On average, the profitability growth rate of the U.S.
banking industry (measured by the ROE) increased on average
in the last years,
in contrast with European banks. The reason lies in a timely and effective intervention by the U.S. regulatory institutions, which helped banks to obtain a more sustainable and prolonged recovery from financial crisis.
Figure 1 shows, for example, the return on equity of the 5 biggest U.S.