Bank Books Brighten But Q4 Seen Tough As JP Morgan, Citigroup, Wells Fargo To Report Earnings
Key Takeaways:
- Q4 was likely a tough one for biggest banks, but rising yields might have helped
- Credit loss reserves in sharp focus ahead of earnings for signs of bank sentiment
- New administration, Congress in D.C. could have implications for regulatory burden
The headwinds blowing steadily at big banks for almost a year are relenting a little, just in time for earnings season.
As we approach Fridays Q4 earnings reports from JP Morgan Chase
JPM
(JPM), Citigroup
C
(C) and Wells Fargo (WFC
WFC
…
