WSJ: Analysts Fight Bank CEOs' Pessimism



The Wall Street Journal reports that the heads of major U.S. banks are sounding cautious notes about the next 12 months; however, some analysts tracking their companies don’t share the bankers’ persistent unease.

The report noted that analysts think rising consumer spending, an improving real-estate picture and new investments by American businesses will increase earnings and returns for banks in 2013.

The article said that bankers’ caution may show just how much the financial crisis damaged their confidence, or at least reined in their natural optimism.

To read the full Wall Street Journal article click here.


Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!

Leave a comment

No tags available

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com