A monster trading quarter saved the day at JPMorgan

A monster trading quarter saved the day at JPMorgan and Citigroup. But the second half of 2020 looks grim.

Business Insider

Published 14 Jul 2020

· In the first wave of bank earnings, Wall Street traders proved the difference makers.
· Banks took massive hits as consumer banking faltered and they built up cushions against bad loans.
· But JPMorgan Chase and Citigroup still beat expectations and turned profits, thanks in large part to stellar trading performances. At...

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A monster trading quarter saved the day at JPMorgan and Citigroup. But the second half of 2020 looks grim.

A monster trading quarter saved the day at JPMorgan and Citigroup. But the second half of 2020 looks grim.

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