The latest bank earnings reveal corporate clients are adapting to trade uncertainty under Trump’s tariffs, continuing with mergers, debt raises, and IPO plans. Executives from Morgan Stanley, Citigroup, and Goldman Sachs note acceptance of ongoing uncertainty, benefiting from volatility. Investment banking and trading revenues for big banks rose in Q2. Some banks saw drops in certain areas due to market chaos. Discussions on bank deregulation and speculation on rule rollbacks. Executives cautious about future growth impact from tariffs.
Read more at Yahoo Finance: Wall Street banks (and their clients) are moving on from Trump’s tariff chaos