Big Banks See Record Lending Haul as Low Yield Assets Roll Off

Wall Street’s great rate reset on its securities portfolios has finally arrived. Net interest income at the four biggest US banks is on track to climb this year after surpassing a quarter of a trillion dollars in 2025. Some of the low-yielding bonds banks acquired during the pandemic have begun to mature, allowing executives to put that money to work into higher-returning assets. Bloomberg's Herman Chan joins to discuss Well Fargo, Bank of America and Citi bank earnings on Bloomberg Intelligence. (Source: Bloomberg)