America's 6 Biggest Banks to Report $31 Billion in Profits

America’s biggest banks apparently have Donald Trump to thank for a successful quarter.Banking giants are set to report $31 billion in profits for the last three months of last year, fueled by a surge in trading and dealmaking following the U.S. presidential election, the Financial Times (FT) reported Monday (Jan. 13).According to the report, earnings for the six largest U.S. banks in terms of assets — JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, Goldman Sachs and Morgan Stanley — are projected ...