The biggest US banks are set to report bumper earnings from lending, benefiting from Federal Reserve interest rate rises even as they prepare for a potential recession. In second-quarter earnings starting this week, analysts expect JPMorgan Chase, Bank of America and Citigroup to see growth in net interest income — the difference in what banks […]
US banks set for lending earnings boost as Fed lifts rates
Source: US banks set for lending earnings boost as Fed lifts rates
Category: Finance, ‘fed, ‘set, banks’, boost, earnings, lending, lifts, rates
