The Uncertain Future of Banks Amidst Financial Crisis and Industry Collapse.

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Source: The New York Times
The Uncertain Future of Banks Amidst Financial Crisis and Industry Collapse.
Photo: The New York Times
TL;DR Summary

The banking crisis may not be over, and investors are watching for new signs of trouble. Quarterly reports released this week by some of the country’s biggest lenders, including Citigroup, JPMorgan and Wells Fargo, will be examined closely to determine the effect of the turmoil. Market watchers see potential trouble in economic growth, venture capital firms and start-ups, and the stock market. Policymakers are gathering for the spring meetings of the World Bank and the I.M.F. in Washington this week against a backdrop of dire economic forecasts amid growing fragmentation and rising geopolitical tensions.

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