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KBW Nasdaq Bank Index

Coverage of KBW Nasdaq Bank Index in the Nexus archive.

Earliest in view: Jul 14 · 19:17 UTCMost recent: Jul 14 · 19:17 UTC
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  • BUSINESSJul 14 · 19:17 UTCWPLG LOCAL 10 MIAMI
    Banks rake in big profits as both Wall Street and the US consumer stay strong

    Five major U.S. banks reported record profits driven by strong trading performance and resilient consumer spending. JPMorgan Chase, the largest bank by asset size, earned $16.9 billion in Q2 with 35% revenue growth in its markets division. Elevated oil prices from the Iran conflict and robust consumer activity contributed to gains despite global economic uncertainty.

KBW Nasdaq Bank Index · Dossier · The Nexus