Continued improvement in the economy, low unemployment and rising interest rates should help the banking sector in 2017, according to Moody's, which has issued a stable outlook for the group. Balance sheets have also improved, according to Joseph Pucella, a vice president and senior credit officer at Moody's. He says U.S. Bancorp (USB) , Comerica (CMA) and PNC (PNC) are among the best positioned. Moody's says banks will benefit if President-elect Trump lowers taxes and reduces regulatory costs. On the downside, Pucella sees some heating up in the commercial real estate markets, which could be a negative.
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