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Surveillance: Big Bank Earnings

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Ken Leon, CFRA Global Director of Equity Research, says it may be a challenge for banks to maintain their first quarter strength. Geoffrey Yu, BNY Mellon Senior Strategist, says banks will only start to lend when they believe there is sustainable inflation driven by demand. Stephen Biggar, Argus Research Director of Financial Institutions Research, expects another quarter or two of strong numbers coming out of investment banking and trading. Seth Carpenter, UBS U.S. Chief Economist, says a lot of trends that existed pre-covid are being accelerated.

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