Yahoo TV

Earnings season is underway. Banking giants including JPMorgan Chase (JPM) Wells Fargo (WFC) and Citigroup (C) all reported better than expecting profits in the first quarter despite the banking turmoil seen in March. But the lingering question remains: is the banking crisis over?  Huw Roberts, Quant Insight Head of Analytics joined Yahoo Finance's Dave Briggs and Ines Ferre to give his take.

Roberts credits Jerome Powell and the Federal Reserve for how quickly they moved to contain the crisis. "It does feel like it's largely contained, I think you have to give credit to the Fed and other authorities at the speed at which they moved." When it comes to quarterly reports, Roberts says he will be watching "forward guidance from the small and regional banks to give us any clues about whether they are tightening credit conditions and lending standards."

Watch the full interview here

Key Video Moments:

0:00:05 : Outlook on the banking crisis

0:00:20 Why this week's earnings are so important

0:00:30 How bank earnings will impact the Fed