Banking on Lower Tax Rates - News Summed Up
Banking on Lower Tax Rates

Banking on Lower Tax Rates

January 18, 2018 19:52 UTC

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Banking on Lower Tax Rates


Now that big banks have finished reporting fourth-quarter earnings filled with noise from the new tax law, how much do they expect to actually pay in taxes going forward? A lot less than in the past. That is just what markets were hoping to hear. In response, investors have kept already buoyant big-bank stocks inching upward. While some firms...


Source: Wall Street Journal January 18, 2018 19:52 UTC



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