Bank Earnings Soar As America’s Big Banks Just Keep Getting Bigger

Sunday, January 16, 2011 17:56
edit
Bank Earnings Soar As America’s Big Banks Just Keep Getting Bigger

Citigroup and Goldman Sachs are expected to release positive earnings reports this week after last week’s stellar results reported by JPMorgan Chase & Co., giving investors more reason for optimism about the financial sector.

This Website Is For Financial Professionals Only



The big banks are emerging from the economic crisis bigger than before, which is good news for investors this year but could be a problem down the road. After all, if they were “too big to fail" before, what will happen the next time a crisis hits and U.S. banks are even larger?


Still, investors can breathe a sigh of relief and perhaps participate in sector increases in the coming months as America’s major banks report much-improved financial results.

 

Comments (0)

Write comment

You must be logged in to post a comment. Please register if you do not have an account yet.

busy