JP Morgan and Goldman Sachs to lead Wall Street profit haul on back of Iran war

City AM — Apr 09, 09:42 AM

Wall Street banks are tipped for bumper profits. https://www.cityam.com/wp-content/uploads/2024/07/wallstreet-be6e21ad26e546dd8b015d7be5d71528.webp?w=1107" />

Top Wall Street banks are tipped to reveal huge profit growth next week amid firm investment banking activity and soaring trading volumes on the back of volatility in the Middle East.

Goldman Sachs will issue the starting gun on US banks earnings season on Monday, where boss David Solomon has already teased a boom in https://www.cityam.com/wall-street-banks-profits-jp-morgan-goldman-sachs-citigroup-iran-war/">[...]

Read full article at City AM →

Energy shock triggers global instability

Oil prices rise again and world shares retreat on the fragile Iran ceasefire
ABC News — Apr 09, 09:59 AM
Oil surges past $97 again as markets eye ceasefire doubts
Euronews — Apr 09, 07:04 AM
UK drivers urged to fill up before Thursday 5pm as fuel prices skyrocket
Mirror — Apr 09, 10:07 AM
From falling U.S. wealth to Indian factory closures, oil shock raises global recession risk
The Japan Times — Apr 09, 01:27 AM
Hormuz open or close? Only a 'trickle' of oil leaving right now despite ceasefire
Times Of India — Apr 09, 04:57 AM