Bank bosses unhappy with watchdogs despite good financial results
Banks across US and Europe show strong performance despite changing interest-rates environment. Top executives express dissatisfaction with stricter oversight from financial regulators
Financial institutions on both sides of Atlantic show better-than-expected results in mid-fall 2024‚ even as interest-rates keep shifting back-and-forth. The multi-platform podcast episode (available through various audio-streaming services) deep-dives into whats making banks tick
The key growth-drivers remain solid despite market uncertainties: lending stays strong while cost-management helps bottom lines. Jamie Dimon and other top-tier bank CEOʼs however dont seem too happy about one thing - increased attention from regulatory bodies
Banks current situation looks quite different from early-2024 predictions:
- Interest-rate changes didnt hurt as expected
- Cost-cutting programs show good results
- Customer deposits remain stable
- Digital services bring extra income
The podcast discussion features Reuters Breakingviews experts who analyze how European financial giants like HSBC adapt their business models while US-based institutions focus on finding new revenue streams in ever-changing market conditions‚ The episode transcript provides additional insights for those who prefer reading to listening
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