The total trading revenue for the five major Wall Street banks in the second quarter is expected to approach $39 billion.
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Glonghui, July 14｜The wave of trading activity on Wall Street is expected to continue. Major U.S. banks will kick off the second quarter earnings season on Tuesday, with five banks set to release their results on the same day. In the past few months, dramatic market fluctuations have driven an increase in client trading activity, benefiting these banks. Analysts predict that the combined second quarter trading revenue for JPMorgan, Bank of America, Citigroup, Goldman Sachs, and Morgan Stanley will approach $39 billion.
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