After the collapse of the SVB the speculation regarding the upcoming rate hikes has increased. One may imagine that the banks benefit when the interest rates go up due to the rise in the NII (net interest income) however that was not the case with SVB. Rate hikes played a major role in this downfall.
Expectations:
Morgan Stanley - 50 Bps hike
Evercore - 25 Bps hike
JP Morgan - 25 Bps hike
Goldman Sachs - No hike
Barclays - No hike
Nomura - 25 Bps rate cut
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