Reported about 1 year ago
As the US banks' earnings season kicks off with JPMorgan Chase & Co., Wells Fargo & Co., and Citigroup Inc., traders are relaxed as the hedging costs for their shares remain low, indicating little concern over potential market volatility. The banks have done well through the Federal Reserve's stress test, increased payouts to shareholders, and are showing optimism for the recovery of the industry. Analysts see potential upsides in share repurchases and revenue for these banks.
Source: YAHOO