Goldman Sachs, Citigroup, and Bank of America: The Key to New Market Highs?

All Eyes Will Be on the Evolution of Banks’ Net Interest Income (NII)While both JPMorgan and Wells Fargo recently exceeded market expectations in their earnings reports, they are facing profit declines and ongoing pressure on Net Interest Income (NII) due to recent Federal Reserve rate cuts and a loosening of monetary policy. With more banking giants set to release their results this week, the evolution of NII will be a key focus for traders assessing which banks are better positioned to navigate this “post ...