Wall Street Balances Growth and Uncertainty
Bloomberg
—
Big banks are sending mixed signals: trading desks are booming, dealmaking is back, and private credit risks look contained for now.
But beneath the strong earnings, CEOs like Jamie Dimon are still warning about an uncertain economy.
Bloomberg News reporter Katherine Doherty discussed recent earnings reports from major banks including JPMorgan, Citigroup, and Wells Fargo. (Source: Bloomberg)
JPMorgan and Citi Beat Estimates
-
JPMorgan profit beats estimates on record trading haul, strong dealmaking
CTV News —
-
Citi profit jumps 42% as market volatility lifts trading revenue
CTV News —
-
Citigroup GAAP EPS of $3.06 beats by $0.43, revenue of $24.63B beats by $1.04B
Seeking Alpha —
-
JPMorgan profit beats estimates on record trading haul
RTE —
-
Wall Street rakes in record profits — but JPMorgan CEO Jamie Dimon flags risks
NY Post —