The 3 Most Pressing Questions for Banks Heading Into Earnings Season
What a ride it's been for the banking sector recently. Three banks have collapsed, with one choosing to wind down its operations and liquidate its assets, while the other two -- Signature Bank and Silicon Valley Bank, part of SVB Financial -- were taken into receivership by the Federal Deposit Insurance Corp. (FDIC). And don't forget about Credit Suisse, which recently was forced into an acquisition by Swiss banking regulators after it looked like the bank was about to collapse as well.
In two days, JPMorgan Chase will kick off bank earnings season, and I can't think of a more important time for the sector except for the very beginning of the pandemic or the Great Recession. Here are the three most pressing questions for banks as we enter earnings season.
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Source Fool.com
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