Banks Are Getting Battered (As Investors Actually Read Earnings Reports)

Thursday, April 13, 2017
By Paul Martin

by Tyler Durden
Apr 13, 2017

Judging by the exuberant comments from analysts and TV anchors, one would imagine US banks would be soaring. But having dug below the public-relations-spin surface, the results are anything but encouraging – surging credit card charge-offs, tumbling mortgage issuance, and flat NIMs – this is not what the talking heads promised…

The Rest…HERE

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