Bad news for banks: Rates are rising fast
CNN
The Federal Reserve's interest rate hikes should boost lending profits for major financial firms. Now, the big banks will have the chance to prove to investors that they can thrive if rates continue to climb.
JPMorgan Chase (JPM), Wells Fargo (WFC), Citigroup (C), Goldman Sachs (GS) and Morgan Stanley (MS) will all report first-quarter earnings this week.
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