From, “American Firms See Europe Woes as Opportunities,” by Nelson D. Schwartz, 12/25/11, The New York Times:
“At the same time, even the strongest banks, like Wells Fargo and JPMorgan Chase, are suffering significant earnings hits from weak demand for loans, moribund capital markets and new regulations that cut deeply into lucrative fees on debit cards and other products.”
Moribund: in a state of inactivity; on the verge of becoming obsolete
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