Big banks poised to report booming revenue propelled by SpaceX IPO, Iran war volatility
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Source: CNBC
Published: 2026-07-13 22:00 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Military & Defence, Iran, Economy & Finance, Financial Markets, War & Conflict
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Snippet:
Expectations are high that when banks start posting second-quarter results Tuesday, led by JPMorgan Chase and Bank of America, revenue from trading equities and fixed income will approach, or even exceed, the records set earlier this year.
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