Morgan Stanley: Strong revenue from Bank of America and Favourable Information from European Investment Bank

Jin Shi data, July 16 news, JPMorgan Chase said in a report that the performance of European investment banks is positive according to the performance of Bank of America. Analysts wrote that the investment banking revenue of Citigroup, Wealth Bank, and JPMorgan Chase is generally strong, and the performance of stock and investment banking business is significantly better than expected. Stock sales and trading performance are significantly better than expected, which is particularly favorable for UBS. Another conclusion is that people have very high expectations for net Interest income. Europe's deposit beta has always been very low, so it is expected that the strong growth in new loans in the second quarter will continue, while the rise in loans will slow down.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)