UPDATE 1-U.S. banking sector Q2 profits rise 4.1% yr/yr to $62.6 bln <!-- no image --> <div>The U.S. banking sector reported $62.6 billion in profits for the second quarter of 2019, a 4.1% increase from the year-ago period, according to data from the Federal Deposit Insurance Corporation (FDIC).<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=wQAnJ0FU94g:ovIGEwsyF2E:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=wQAnJ0FU94g:ovIGEwsyF2E:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=wQAnJ0FU94g:ovIGEwsyF2E:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=wQAnJ0FU94g:ovIGEwsyF2E:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=wQAnJ0FU94g:ovIGEwsyF2E:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/wQAnJ0FU94g" height="1" width="1" alt=""></div> Posted by Reuters