Wall Street banks are cashing in on trade war chaos

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Banks are minting money from stock market whiplash. Goldman Sachs ( GS ) , JPMorgan Chase ( JPM ) , and Morgan Stanley ( MS ) pulled in more than $12 billion in equities trading revenue last quarter. That surpasses the peak of the post-pandemic trading boom, The Wall Street Journal ( NWSA ) reports. Advertisement “So far, the business is performing very well and clients are very active,” Goldman CEO David Solomon told analysts. That activity is being driven by investors scrambling to

Wall Street banks are cashing in on trade war chaos https://qz.com/ - 15.04.2025 15:28

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Wall Street banks are cashing in on trade war chaos https://qz.com/ - 15.04.2025 15:28