Article may be outdated

This article is 3 days old. Some details may have changed since publication.

Quartz·1 min read·easy

Wall Street's biggest banks posted record profits as trading and dealmaking surged

Anthony Lopopolo
AI Summary

Major US banks, including JPMorgan and Goldman Sachs, reported a 39% increase in profits compared to the previous year. This growth was driven by a surge in trading activity and corporate dealmaking.

The robust earnings from JPMorgan, Goldman Sachs, Bank of America, Citigroup, and Wells Fargo marked a 39% increase from the same period a year earlier

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →
businesseconomy

Get the full story

Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.

Create free account

Already have an account? Sign in