Follow the Money: 3 Stocks That Will Gain from Wall Street's Boom
JP MORGAN CHASE(JPM) Investor Place·2024-07-27 10:10
The Wall Street Journal reported on July 16 that the investment banking revenue of multiple Wall Street banks rose by double-digit percentage levels last quarter. As a result of increased economic stability in the U.S., the firm’s corporate clients utilized more banking services, including deal advisory and debt offerings. Moreover, many firms’ asset-and-wealth management revenue jumped in Q2. I believe that the latter increases were largely spurred by the trading upticks these institutions experienced. Spe ...