TITLE

Credit's Tipping Point Brings New Earnings Pressure

AUTHOR(S)
Monks, Matthew
PUB. DATE
April 2010
SOURCE
American Banker;4/7/2010, Vol. 175 Issue 53, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the high expectations for the banking industry as they prepare for 2010 first-quarter results reporting. As a result of the gradual improvement in the U.S. economy, market observers are expecting banks to show increasing profits, fewer credit losses and progress on increased lending. The banks which are expected to show first-quarter profits or break even include Bank of America Corp. and Citigroup Inc.
ACCESSION #
49033079

 

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