‘If you’re looking for potholes out there, there are not a lot’: Big bank bosses are brushing off concerns over Trump’s trade war
|07/13/2018||Posted by BusinessMediaguide.Com under General World News||
- During second quarter earnings calls on Friday, bank executives from Citi and JPMorgan tamped down concerns about the impact of Trump’s trade war on their firms.
- Worries over trade may have actually boosted results, the executives said, by increasing client uneasiness which led to increased trading business.
Executives from the biggest US banks on Friday brushed off concerns that Trump’s trade war was biting into economic growth or corporate earnings.