US banks are preparing to cut profits and recession
NEW YORK (Reuters) – U.S. banking giants are anticipated to report decrease fourth-quarter earnings this week as lenders hoard cash for wet days in preparation for an financial slowdown that may damage funding banking. 4 US banking giants – JPMorgan Chase & Co (JPM.N)Financial institution of America Corp (BAC.N)Citigroup Inc (CN) and Wells Fargo & … Read more