Why JP Morgan, Goldman Sachs and Morgan Stanley are all beating expectations—’Goliath is winning’

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The five largest banks in America just keep gobbling up victories, according to the latest Wells Fargo report.

All key areas showed improved rolling four quarters revenues, including for mergers, debt underwriting, equity underwriting, and fixed income and equities sales and trading (FICC).

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Article Details

Author / Journalist: Michael del Castillo

Category: EconomyBusiness

Markets: United States

Topics: Goldman Sachs Citigroup JPMorgan Chase Bank of America Morgan Stanley

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-17 @ 00:31:36 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 476 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 21658302

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About Fortune

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Official Website: fortune.com

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