Summary of U.S. Banks Should See Higher Profits in 2017, but Plenty of Wild Cards Are in Play
Looking for the article?
We have the summary! Get the key insights in just 5 minutes.
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.
About the Author
Standard & Poor’s is a global rating agency and a research and analysis organization.