Banks will struggle to generate profits even as the global economy recovers, IMF says

Banks will struggle to generate profits even as the global economy recovers, IMF says

Pedestrians walk past a J.P. Morgan Chase bank branch.

Alex Tsai | SOPA Images | Getty Images

WASHINGTON — The beaten-down banking sector will remain under pressure through 2025 even as the economy recovers, the International Monetary Fund said Friday. 

In its latest “Global Financial Stability Report,” the IMF found banks across nine advanced economies will struggle to generate profits…

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