Bloomberg Intelligence Senior US Banks Analyst Herman Chan tells Bloomberg This Weekend that major banks enter third-quarter earnings season with strong credit quality but face questions about the impact of higher interest rates, slowing investment b...
Bloomberg Intelligence Senior US Banks Analyst Herman Chan tells Bloomberg This Weekend that major banks enter third-quarter earnings season with strong credit quality but face questions about the impact of higher interest rates, slowing investment banking activity and potential risks tied to AI financing. Speaking with hosts David Gura and Christina Ruffini, Chan says wealth management could be a bright spot for banks including Morgan Stanley and JPMorgan, while investors will also be watching for signs of credit deterioration and updates on executive succession plans. (Source: Bloomberg)
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Bloomberg — Markets (EN)