JPMorgan Chase is set to report first-quarter earnings — here’s what the Street expects

(CNBC) JPMorgan will be watched closely for clues on how banks fared at the start of the year. While the biggest U.S. bank by assets has navigated the rate environment well since the Federal Reserve began raising rates two years ago, smaller peers have seen their profits squeezed. The industry has been forced to pay up for deposits as customers shift cash into higher-yielding instruments, squeezing margins.

To read this article:

This entry was posted in Syndicated. Bookmark the permalink.

Comments are closed.