Markets Monitor Banks, Inflation Data, and the 2024 Election
Bloomberg Surveillance
Banking Resilience and Innovation
This chapter examines the strong financial health of banks, particularly through the lens of their CET1 ratios, while highlighting their significant investments in technology and digital innovation. It also addresses the challenges traditional banks face with regulatory constraints and competition from shadow banking entities, alongside a focus on the performance of Wells Fargo and the contributions of regional banks to the economy.
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