This week marks the beginning of 1Q17 earnings season in the diversified financials sector (i.e. banks). Today, I will face off some of the key players in the industry and try to identify names that might be worth further looking into.
Credit: CoinDesk
Shares of these financial services companies were propelled late in 2016, following the election of President Donald Trump and the expectations for higher interest rates in the not-too-distant future. Within my sample of eight major global banks, shares of six of them are currently sitting within 10% of their 52-week highs.
