Markets

‘We’re really hitting the moment of truth’: 5 Wall Street execs have sounded the alarm on a tough economic recovery ahead. Here’s what they said.

The resurgence in coronavirus cases and new risks of an economic shutdown led major bank leaders to curb investors’ enthusiasm for a near-term recovery. Top executives from Citigroup,Goldman Sachs, JPMorgan, and Wells Fargo all cautioned that, while the worst of the pandemic’s fallout likely hit in the second quarter, the […]
‘We’re really hitting the moment of truth’: 5 Wall Street execs have sounded the alarm on a tough economic recovery ahead. Here’s what they said.