Wall Street Q1 earnings season kicks off: Amid significant market volatility, the five major banks’ trading revenue is expected to reach a new record of $18 billion.
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According to analysts’ forecasts, the five banking giants led by a certain exchange are expected to generate a total of 18 billion dollars in stock trading revenue this quarter. This figure will not only set a new historical record, but also represents an increase of approximately 14% compared to the same period last year and is twice as high as the level a decade ago. This outstanding forecast highlights the strong resilience in the profitability of top financial institutions amid significant fluctuations in the global economic landscape.
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