Reported about 18 hours ago
Big banks including Citi, JPMorgan Chase, Goldman Sachs, and Wells Fargo are set to report earnings this week, with a key emphasis on 2025 guidance, according to HSBC's Saul Martinez. He expresses optimism about a sustainable period of positive real rates and a more favorable regulatory environment, which could enhance profitability for the banks. The critical aspect will be whether this positive outlook is consistently reflected in the earnings narrative.
Source: YAHOO