S&P 500 analysis: Bank stocks face tough test this earnings season
Banks are finding it hard to recover from the fallout caused by the collapse of Silicon Valley Bank and Signature Bank last month.
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Banks are finding it hard to recover from the fallout caused by the collapse of Silicon Valley Bank and Signature Bank last month.
Markets have been rocked by the biggest banking crisis since the 2008 financial crash.
US banks are set to underperform and report a sharp drop in earnings as provisions and charge-offs continue to grow amid the uncertain outlook.
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