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Bank Stock Roundup: Upbeat Trading Outlook, Treasury Yields Decline, Citi in Focus

December 11, 2020

Via: Yahoo

Performances of major bank stocks over the last five trading days paint a mixed picture. Positive trading revenue outlook provided by some of the major banks indicates that the earnings picture will be impressive in the fourth quarter. This is because market activity remained steady in the first two months of the ongoing quarter on higher client activity. Additionally, rise in loan demand in 2021 over normalization of business activities is anticipated.

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