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15.04.26 - 21:54
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Wall Street Banks Report Surge in Advisory Fees (Bloomberg)
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Bloomberg's Scarlet Fu joins Dani Burger on "Bloomberg Deals." The second-best ever year for global dealmaking are starting to show up on Wall Street, with the big five US banks this week reporting some huge increases in advisory fees. (Source: Bloomberg)...
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15.04.26 - 17:24
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Big US banks rake in near-$50bn profit as Iran war shakes markets (The Guardian)
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Six lenders, including Bank of America, Morgan Stanley and JP Morgan report jump in first-quarter earningsBusiness live – latest updatesBig US banks raked in nearly $50bn (£37bn) worth of profits in the first three months of the year, as they benefited from stock market turbulence triggered by the US-Israeli war on Iran.Wall Street's largest lenders have reported a jump in first-quarter earnings, reflecting the surge in demand for trading services as investors dumped risky stocks and bonds and sought safer havens for their cash. Continue reading......
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