JPMorgan Chase CEO Jamie Dimon recently warned about the possibility that interest rates could surge as high as 7%, exposing those in the financial world who took too much risk when rates were low.
Whether US banks are properly prepared for an extended period of high rates will be a central theme running through the third quarter earnings season that kicks off Friday with results from giants JPMorgan (JPM), Citigroup (C), and Wells Fargo (WFC).
（中略）
A focus for many investors in the coming weeks will be what banks say about a key measure of profitability known as net interest income, which measures the difference between what banks earn on their loans and pay for deposits.
JPMorgan Chase CEO Jamie Dimon recently warned about the possibility that interest rates could surge as high as 7%, exposing those in the financial world who took too much risk when rates were low.
Whether US banks are properly prepared for an extended period of high rates will be a central theme running through the third quarter earnings season that kicks off Friday with results from giants JPMorgan (JPM), Citigroup (C), and Wells Fargo (WFC).
（中略）
A focus for many investors in the coming weeks will be what banks say about a key measure of profitability known as net interest income, which measures the difference between what banks earn on their loans and pay for deposits.
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