2 Banking Companies On My Radar
A recent survey by Promontory Interfinancial Network revealed that roughly 60% of bank executives expect the economic fallout from the COVID-19 pandemic to continue through the second half of 2021, and about one-third said it will linger into 2022, or beyond. As one executive told American Banker, banks should expect to take credit losses into 2022.
This is not great news for investors, but there are some companies that serve specific niches within the industry that have outperformed, and should continue to. Here are two on my radar.
Source Fool.com
