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

Share.
Exit mobile version