Market Extra: Why the weakness in U.S. bank stocks since the collapse of SVB is a worrisome sign on eve of bank earnings

by | Apr 13, 2023 | Stock Market

The U.S. corporate earnings reporting season begins this week with a flurry of major U.S. banks set to report their first quarterly performance since the collapse of Silicon Valley Bank (SVB) and Signature Bank last month. JPMorgan Chase, Wells Fargo, Citi and BlackRock will be among the large financial institutions posting their earnings before markets open on Friday.  However,…

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