"Rethinking Growth: Banks' Dependency on Loans"

1 min read
Source: The Wall Street Journal
"Rethinking Growth: Banks' Dependency on Loans"
Photo: The Wall Street Journal
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.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

1 min

vs 1 min read

Condensed

73%

16545 words

Want the full story? Read the original article

Read on The Wall Street Journal