Bank Buybacks Return, Hopefully Not With A Bang

Bank bosses are enjoying the good times, but they know they won’t last forever. JPMorgan boss Jamie Dimon and his peers have warned that trading revenue would fall this quarter compared to the last. The spread between long and short-term Treasury rates has narrowed, which crimps banks’ profitability. Those with foresight will give shareholders enough to keep them keen, and not much more than that.

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