Financial Times: JPMorgan Chase, Goldman Sachs, Morgan Stanley, Citigroup and Bank of America are next week expected to unveil the highest combined quarterly revenues from their trading businesses in at least 12 years, according to forecasts compiled by Bloomberg and data from Visible Alpha.
That would mark a 13 per cent increase from the first quarter of last year for the five largest American banks, even though early 2025 was unusually volatile because of US President Donald Trump’s trade wars…