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Banks Not Getting Anticipated Benefits From Rate Hikes, ECB Executive Admits – Finance Bitcoin News

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Eurozone banks are profitable but the benefits from higher interest rates may be smaller than expected, ECB’s de Guindos Says.

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U.S. stocks open higher as regional banks bounce, debt-ceiling talks in focusU.S. stock indexes opened higher on Wednesday as investors hoped the White House and Congress could come to a deal on the U.S. debt ceiling and avoid a cataclysmic default. The Dow Jones Industrial Average was up 132 points, or 0.4%, to 33,146:
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