Big Banks Have Mixed Results After Sweeping Tax Reform
Ken Leon, Global Director of Research and Industry Analyst at CFRA, explains how the new tax reform is impacting big banks. In 2018, the tax rate will decrease to about 19 percent.
For full interview [click here](https://cheddar.com/videos/big-banks-could-be-headed-for-big-gains).
Stocks were mixed at the open but Wall Street was heading for a losing week as investors digested the hints that the Federal Reserve could raise rates before the end of the year.