‘It’s going to be really ugly.’ Here come the big bank earnings

Mass unemployment. Surging bankruptcies. An unprecedented health crisis. And near-zero interest rates. It’s a depressing time for America’s banks — and Wall Street is bracing for huge profit plunges when they report results this week.

Mass unemployment. Surging bankruptcies. An unprecedented health crisis. And near-zero interest rates. It’s a depressing time for America’s banks — and Wall Street is bracing for huge profit plunges when they report results this week.