World Business Watch: U.S. banks get ready for profit crunch
Edited By WION Video Desk
Published: Jan 11, 2023, 04:57 IST | Updated: Jan 11, 2023, 04:57 IST
US banking giants are forecast to report lower fourth quarter profits this week as lenders stockpile rainy-day funds to prepare for an economic slowdown that is battering investment banking.
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