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Bank of America and Goldman Sachs both reported better-than-expected profits for the second quarter of 2025, driven by volatile market conditions. Bank of America's traders posted a record quarter, benefiting from increased net interest income and heightened trading activity amid market turmoil. Similarly, Goldman Sachs saw a surge in profit fueled by strong trading and investment banking revenue. The firm's equities division achieved record revenue as turbulent markets prompted investors to rebalance their portfolios, boosting trading desks across Wall Street. These results reflect a broader trend of market volatility positively impacting major financial institutions' earnings in the quarter.
In today's Viewsroom debate, our Breakingviews columnists decode what's happening with the Wall Street and mainstream banks around the globe in the midst of looming tariffs and stubborn inflation, and if we need to worry https://t.co/nzZuhFE5JV https://t.co/RhgkoJit1o
Goldman Sachs and JPMorgan just released results. In this Viewsroom debate, Breakingviews columnists explain why, despite looming tariffs and stubborn inflation, banks seem to be firing on all cylinders — but also why it may not last https://t.co/Np5nIfz2iw https://t.co/fMreAeDDw0
Goldman Sachs, JPMorgan and Morgan Stanley released results in recent weeks. In this Viewsroom podcast, @Breakingviews columnists explain why these lenders appear to be firing on all cylinders — but also why it may not last https://t.co/lnUo7cv25x
