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), Citigroup
(C) and Wells Fargo (WFC

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