‘Something Tangible Better Happen Soon’: As Bank Stocks Tumble, Trump ‘Hope’ Meets Reality
How are you feeling about the financials after this morning's results from JPMorgan, Citi, and Wells?
If your answer is "not so great," you are not alone:
If your answer is "I have not idea," then allow a shit load of analysts to give you the quick and (mostly) dirty via the following handy summary from Bloomberg:
JPMORGAN
Morgan Stanley (Betsy Graseck)
Solid beat on corporate, investment banking rev.; notes stronger fees offset by lower NII
Read across:
Positive for trust banks with
