Listen: Street Talk | Episode 88: Bank returns could fall short of Street's expectations, sparking more M&A

The Federal Reserve's plans to raise interest rates and the return of loan growth will boost bank profitability, but the gains might not come as quickly as the Street hopes and that should encourage more bank M&A activity, according to Greg Hertrich, head of U.S. depository strategies at Nomura. In the episode, Hertrich discussed how Fed actions will impact bank profitability and liquidity, whether those results will meet current expectations from the Street and how the performance will alter the bank M&A landscape.