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Stocks rally on big bank earnings 10/17/22

Power Lunch

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Is There a Hurricane Coming?

I think the banking industry overall is very durable right now. You've seen it through some interesting times in the last 24, 36 months and a durability is supplied. We tamped the brakes a little bit on some loan growth, especially in the large corporate business because we had to get our capital back up. So you're seeing strong loan growth year over year, 12, 15 percent, those types of numbers. That's not going to do. It's going to move back to be more in line with a bit single digits we've had. And so the environment is manageable if you're wise how you manage it and that's what we do.We're always prepared for the next thing

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