Wells Fargo's Mike Mayo: Citi is my favorite big bank

According to Bloomberg, Mike Mayo of Wells Fargo stated that Citi was his favorite large bank. Investors are preparing for the coming important financial week, with five of the six leading United States banks, including Morgan Chase, Citi, Wells Fargo, Bank of America and Goldman Sachs, expected to publish quarterly performances in a short time. Mayo predicts that overall bank earnings will increase by 15 to 20 per cent over the same period, thanks to strong trade revenues on Wall Street and robust business lending on Main Street。