"Rethinking Growth: Banks' Dependency on Loans"

TL;DR Summary
Major banks like JPMorgan Chase, Wells Fargo, and Citigroup are expecting a challenging year for net interest income, with projections ranging from flat to a potential decline of 7-9% compared to 2023, indicating a tough outlook for lending as a core part of their business.
Banks Can't Count on Loans For Growth The Wall Street JournalView Full Coverage on Google News
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