CNBC·3 min read·medium
JPMorgan Chase, Goldman Sachs, Bank of America
H
Hugh Son
✦AI Summary
Major U.S. banks are expected to report strong second-quarter earnings driven by record-breaking trading revenue and investment banking activity. Analysts suggest the sector is in a 'sweet spot' due to a combination of high market volatility and increased corporate deal-making.
Expectations are high that when banks start posting second-quarter results Tuesday, led by JPMorgan Chase and Bank of America , revenue from trading equities and fixed income will approach, or even exceed, the records set earlier this year.
businesseconomy
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