Profits of US mid-sized banks likely to be squeezed by higher funding costs

U.S. mid-sized banks will likely need to shell out more to retain deposits in the next few months, a move that could crimp margins and add pressure to an industry already grappling with a potential slowdown in loan demand. Net interest margins have broadly contracted across mid-sized lenders who...

https://www.hellenicshippingnews.com/profits-of-us-mid-sized-banks-likely-to-be-squeezed-by-higher-funding-costs/