Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 7, 2024. Brendan Mcdermid | Reuters The forces that consumed three regional …
A customer enters Comerica Inc. Bank headquarters in Dallas, Texas. Cooper Neill | Bloomberg | Getty Images A trio of regional banks face increasing pressure on returns and profitability that …
Longtime investor Bill Gross said Thursday that regional banks are poised to bounce back with the tailwind of falling interest rates. “Regional banks … benefit from lower interest rates,” Gross …