Jane Street, a global market maker, nearly doubled its trading revenues in 2024 to $20.5 billion, benefiting from tariff-induced market volatility that extended into the first quarter of 2025. This surge in revenue places Jane Street ahead of major financial institutions like Bank of America and Citi, with profits rivaling those of Wall Street giants such as Goldman Sachs and Morgan Stanley. The firm, which employs between 2,500 and 3,000 people, reportedly generated approximately $1.5 to $4 million in net income per employee, reflecting high profitability in algorithmic trading. Meanwhile, BNP Paribas reported a strong first quarter in 2025, hitting profit estimates with net income of €2.95 billion and revenues of €12.96 billion. The bank's fixed income, currencies, and commodities (FICC) sales and trading revenue reached €1.68 billion, while equity and prime services revenue rose 42% year-over-year to €1.19 billion. BNP Paribas' loan-loss provision stood at €766 million, below estimates, contributing to a record quarter for its investment banking division.