US bank executives discuss consumer outlook

By Jerry 
 U.S. banks have reaped a windfall from higher interest payments on loans, but commentary from some top executives suggests they could face an uncertain path ahead.
Waning demand from borrowers and slowing consumer spending could weigh on bank earnings in the coming months.
Here are some comments from earnings season so far:
JPMORGAN CHASE (JPM.N), opens new tab –
“While market valuations and credit spreads seem to reflect a rather benign economic outlook, we continue to be vigilant about potential tail risks,” CEO Jamie Dimon said.
Source: REUTER

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