The largest banks have, on average, reduced their dependence on loans relative to smaller banks.

Question

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Large banks have diversified their sources of revenue and have a larger share of their income coming from non-interest sources such as investment banking, insurance, and wealth management. This has resulted in a lower percentage of loans on their balance sheets, compared to smaller banks whose primary business is lending.

The Largest Banks Have, on Average, Reduced Their Dependence on Loans