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JPMorgan, Citigroup are positioned for growth, analyst says

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According to Seeking Alpha, mega bank’s Citigroup (C) and JPMorgan Chase (JPM) are best positioned to grow their revenue and manage expenses in today's sluggish environment.

The revenue environment remains challenging thanks to low rates and slow loan growth. Mortgage banking activity held up in Q2, but managements are cautious now, and will be touting expense cuts in their mortgage units - meaningful improvement in expenses wasn't notable in Q2 (with the exception of BAC), so look for comments about traction in this area.

Source: Seeking Alpha

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