Oppenheimer's Kotowski Says Banks Are in a 'Good Spot'

The transcript discusses the impact of tax changes on businesses, particularly in the corporate and investment banking sectors. It highlights how these changes affect the bottom line and various financial instruments. The discussion then shifts to JP Morgan's strong stock performance, driven partly by tax benefits, and examines the underlying business momentum. Finally, the transcript explores trends in the banking industry, noting slow loan growth but increased net interest income due to rising rates, and projects future growth prospects.

In what way do rising rates influence the net interest margin for banks?

What are the expected growth rates for the companies over the next 18 months?