Investment Banking

Bank profits predicted to spike as JPMorgan, Goldman Sachs and more line up results

Earnings season will be a major test of banks’ post-lockdown rebound

The economic recovery is looking good for the biggest US banks.

Major players such as JPMorgan and Citigroup are expected this week to report second-quarter profit gains, a U-turn from a year ago when they were girding for a wave of Covid-19-related loan defaults.

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