-2.08%
Buoying hope for a return-to-normal has been expected as the efficacy of the new COVID-19 vaccines has been well telegraphed, but the spread of the more contagious Delta variant of the virus, and some mounting breakthrough cases of vaccinated people testing positive for the virus, has caused top bank officials to at least think about adjusting their plans for office work, people at these banks tell FOX Business.
Press officials for JPMorgan, Goldman Sachs and Morgan Stanley had no comment. The outlook for the banks has changed as a consequence of the new pandemic fears sweeping the nation, said veteran bank analyst Dick Bove of Odeon Capital Group This may result in corporations not adjusting their activities meaningfully until this threat passes.
End of trading boom casts cloud over Wall Street bank earnings - Netscape Money & Business
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End of trading boom casts cloud over Wall Street bank earnings
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