JPM Downgraded Over Concerns About Growth

The video discusses the challenges faced by the banking sector in 2018, focusing on market trends, economic conditions, and the impact of interest rates on retail banking. It highlights the pressure on net interest margins and loan growth, as well as the market's anticipation of a recession. The discussion also covers the slowdown in mortgage growth and the limited impact of tax breaks on corporate loans.

Discuss the reasons why corporate loan growth has been described as mediocre.

What were the expectations regarding loan growth from the tax breaks, and how did reality differ?