Magazine : Archives : 2nd Quarter 2020
Navigating an Uncertain Future
In its 2020 investor day presentation, JPMorgan Chase & Co. outlined three headwinds facing its bank and by extension, the banking industry: a declining rate environment, pressuring net interest margins; slowing economic growth, both in the U.S. and globally; and the “raising specter” of the next credit cycle. Since the financial crisis, the U.S. economy has witnessed the longest period of economic expansion in its history. But what goes up must come down. Banks are already under pressure: The Federal Deposit Insurance Corp. reported in February that net income across the industry fell by 1.5% in 2019, compared to the...
Please enter your username and password below. If you have not established a password please click “forgot password”.
You have accessed a resource that is only available to Bank Director magazine subscribers and Bank Services members.
To start a subscription to the top resource for bank leaders, click here.
If you are a Bank Services Member, you can access Bank Director by logging in here or entering your magazine passcode and email in the form on the left.