Banks weathered the storm of the Iran war. How did they do it and can they keep doing it?
Bank earnings show the Iran war has not yet caused financial upheaval.
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bank earnings this week confirmed the iran war hasn't yet become a financial crisis. major lenders like jpmorgan and citigroup reported profits that largely met or beat expectations, showing their core businesses held steady. they pointed to strong consumer spending and resilient credit quality as key buffers. the question now is whether that stability can hold if the conflict drags on or escalates further.
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