Four Factors That Weigh On Outlook For Bank Stocks

By | January 15, 2015

Scalper1 News

The U.S. economy is officially growing at a relatively fast clip, but the country’s biggest banks are not. JPMorgan Chase (JPM), Wells Fargo (WFC), Citigroup (C)and Bank of America (BAC) reported dismal quarterly results on Wednesday and Thursday, and all four took it hard on the chin in the stock market. Citigroup has fallen more than 9% in five sessions. On Thursday, the global banking, insurance and credit card giant reported a 3% drop in Scalper1 News

Scalper1 News