Friday 14 April 2017

Wall Street Banks Are Beating Main Street Banks At The Beginning Of The Trump Era

United States banks reporting their first profits under Trump’s presidency are showing a split: Wall Street businesses are faring much better than some of those serving Main Street. The nation’s two biggest trading firms — JPMorgan and Citigroup — posted surprisingly strong revenue Thursday from buying and selling securities in Q1, when political turmoil prompted clients to adjust


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