The first quarter marked a sea change for U.S. banks. Two high-profile failures of institutions with specific problems pointed to further challenges: The long period of super-easy money (which means paying next to nothing for deposits) is coming to an end, as customers shop around for higher interest rates. And signs of an economic slowdown, including a decline in commercial property values, could lead to rising credit losses.
Following earnings season, the big banks will undergo their annual regulatory stress tests conducted…
Read the full article here