THE WALL STREET JOURNAL: Banks, After Bracing for Disaster, Are Now Ready for a Boom
I think this will be very true. Banks had set aside a bunch of money for potential massive losses and now are able to whittle that set aside down. My concern is that a lot of these banks are pretty tippy looking at today's market value.
Banks, After Bracing for Disaster, Are Now Ready for a Boom
Analysts expect banks to post a big increase in profits, propelled by the release of rainy-day reserves
Read in The Wall Street Journal: https://apple.news/AVWGg_dwGRYmoEA4So7B5nQ
Shared from Apple News
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