US banks are reporting a significant increase in profits from Wall Street operations, with a total of $36 billion generated from trading and deal-making. According to the Financial Times, this surge is attributed to a rebound in market activity following the COVID-19 pandemic. The article highlights the increased revenue for major US banks, including JPMorgan Chase, Bank of America, and Citigroup.

Source: https://www.ft.com/content/a741f162-0035-4135-aeca-6612fbfa43b8