Banks Benefitting From Loan Volumes & Increases In Payment Flows
b'"Benefits for the financial sector, specifically banks, include loan volumes, both retail and commercial, increasing net interest margin, and big increases in payment flows. Headwinds for the banks include increases in loan loss provisions, sharp declines in the mortgage business, and poor investment banking results," says Octavio Marenzi. Bank stocks include Bank of America (BAC), Citigroup (C), JPMorgan Chase (JPM), and Goldman Sachs (GS).'