Quartz·1 min read·easy
Wall Street's biggest banks posted record profits as trading and dealmaking surged
✦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
businesseconomy
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