Summary of U.S. Banks Should See Higher Profits in 2017, but Plenty of Wild Cards Are in Play
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US bank profits look set to grow in 2017, according to this expert analysis from S&P Global Market Intelligence. A steepening yield curve, along with the prospects of decreased regulation, increased deficit spending and lower corporate tax rates under the Trump administration are all tail winds. Nonetheless, any number of developments – geopolitical, macroeconomic and sector-specific – could spell trouble, so industry observers need to focus on the interconnectedness of many variables. getAbstract recommends this rigorous study, written for financial professionals, analysts, regulators and investors, for its thoroughness and accessibility.
In this summary, you will learn
- What prospects are in sight for the US banking sector in 2017 and
- What financial, geopolitical and regulatory developments could affect industry results.
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Standard & Poor’s is a global rating agency and a research and analysis organization.