Citi profit jumps 42% as market volatility lifts trading revenue
CTV News
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Citigroup’s first-quarter profit rose 42 per cent as geopolitical tensions fueled market volatility and trading revenue, while strong dealmaking buoyed investment banking fees.
JPMorgan and Citi Beat Estimates
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JPMorgan profit beats estimates on record trading haul, strong dealmaking
CTV News —
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Citigroup GAAP EPS of $3.06 beats by $0.43, revenue of $24.63B beats by $1.04B
Seeking Alpha —
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JPMorgan profit beats estimates on record trading haul
RTE —
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Wall Street rakes in record profits — but JPMorgan CEO Jamie Dimon flags risks
NY Post —
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Wall Street banks break records as Iran war drives trading boom
Financial Times —