U.S. regional banks' earnings and share prices are set to fall thanks to record-low interest rates, say Citigroup analysts, adding to look for the bulk of the hit in 2013 and 2014. The call comes as others raise ratings on regionals because of their lack of international exposure. Lack of risky exposure is swell, but it doesn't speak to where profits will come from.
U.S. regional banks' earnings and share prices are set to fall thanks to record-low interest...
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