Mixed Profits at US Banks Amid Weaker Signs from Low-Income Customers
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#031040d9 ver:0.26

US investment banks, including JP Morgan and Goldman Sachs, report a 25% increase in investment banking revenue, driven by trading and deal fees. The corporate bond market rally continues, with credit spreads at their tightest levels in two years. Global investment banking fees rise 7% to $57.7 billion, led by debt underwriting and M&A advisory fees. Jefferies Financial also reports strong Q2 performance. JPMorgan Chase beats expectations with strong investment banking profits, while Citigroup sees increased profits despite higher costs from low-income customers. #InvestmentBanking #CorporateBonds #FinancialPerformance...

#newstr #JpmorganChase #InvestmentBanking #CorporateBondMarket #JefferiesFinancial #Q2Profits #LowincomeCustomers 

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