Banks’ 2021 Reality: A ‘Revenue Recession’ In The Midst Of An Economic Recovery

  • Ron Shevlin, Senior Contributor, Ron Shevlin, Senior Contributor
  • published date: 2021-08-02 08:00:00 UTC

As the US economy continues to recover, banks have reported spectacular profits in 2021. The results, however, mask a deeper problem for banks: a “revenue recession.”

Jamie Dimon, Chairman and CEO of JPMorgan Chase contemplating the 'revenue recession' facing the ... [+] banking industry. (Photo by Win McNamee/Getty Images) Getty Images OBSERVATIONS FROM THE FIN… [+8661 chars]