Reported about 10 hours ago
Big banks are moving past the turmoil caused by President Trump's tariffs, transitioning from a gloomy outlook to measured optimism as they approach a new earnings season. Following a period of uncertainty marked by a dealmaking freeze, recent IPOs and mergers have lifted investor sentiment, with several banks planning stock buybacks and dividends after successfully passing the Federal Reserve's stress test. While analysts predict strong upcoming earnings, caution remains due to macroeconomic uncertainties and high stock prices.
Source: YAHOO