Music to investors’ ears: Banks will use tax cut to boost dividends.

Item request has been placed! ×
Item request cannot be made. ×
loading   Processing Request
Read Online Read More Add to Saved list
  • Additional Information
    • Subject Terms:
      PNC Financial Services Group Inc.; J.P. Morgan Chase & Co.
    • Abstract:
      The article focuses on the priority of U.S. banks to use savings from the reduction in the corporate tax rate to boost returns and dividends to shareholders. It reports the respective tax rates expected by PNC Financial Services and JP Morgan Chase for 2018. It discusses the association of lower taxes to increase borrowing by businesses, as well as the potential of the taw law reform to boost economic growth, loan growth and cash flow.