Michael Burry said he thinks the Fed's latest update points to weakness in the US banking system. He flagged the Fed's plan to start purchasing short-term Treasurys as a sign of systemic weakness. "So ...
Citigroup stands out among big banks with 12.3% YoY net interest income growth and strong loan performance. Net interest margin remains tight across C, JPM, and WFC at ~2.5%, but BAC lags at 2.07%, ...