Banks' Profits Surge, Market Surge
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Goldman SachsReuters
•Profits at Wall Street banks jump with trading strength, dealmaking rebound
81% Informative
Goldman Sachs posts biggest quarterly profit since third quarter of 2021 .
JPMorgan Chase posts a roughly 50% rise in net income as both investment banking fees and trading revenues jump.
Goldman Sachs : "Animal spirits are back" Bank of America and Morgan Stanley will report results on Thursday .
Lighter regulation under Trump may help improve banks' performance.
VR Score
93
Informative language
99
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72
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