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US BANKING GIANTS REAP GAINS FROM DEALMAKING REBOUND

https://media.zenfs.com/en/reuters.com/1d6bfbbdffbdbd5dfeb42ed7068207b5

✍️ Large US banks expressed optimism about the investment banking outlook for the rest of the year after dealmaking rebounded in the second quarter.

👉 US banks reported strong earnings, beating profit expectations 👉 Investment banking fees grew by 7% at JPMorgan, 15% at Citigroup, and 8% at Wells Fargo 👉 Bankers expressed caution, but optimism has picked up among investors in US stocks

-- #PeterTorrente #TroyRohrbaugh #MikeSantomassimo #MarkMason #JeremyBarnum #RobinVince #DonaldTrump #NewYork #business

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Peter Torrente Troy Rohrbaugh Mike Santomassimo Mark Mason Jeremy Barnum Robin Vince Donald Trump New York

7/15/2025

npub1vap2usg…grwc3n

US BANKING GIANTS REAP GAINS FROM DEALMAKING REBOUND

https://media.zenfs.com/en/reuters-finance.com/1d6bfbbdffbdbd5dfeb42ed7068207b5

✍️ Large US banks expressed optimism about the investment banking outlook for the rest of the year after dealmaking rebounded in the second quarter, despite remaining cautious about the uncertain economic environment and US tariff policies.

👉 Large US banks expressed optimism about the investment banking outlook for the rest of the year 👉 Dealmaking rebounded in the second quarter 👉 Banks remained cautious about the uncertain economic environment and US tariff policies 👉 JPMorgan's investment banking fees grew by 7% to $2.5 billion 👉 Citigroup reported a 15% jump in investment banking revenues to $981 million 👉 Wells Fargo reported an 8% uptick in investment banking revenue to $463 million

-- #PeterTorrente #TroyRohrbaugh #MikeSantomassimo #MarkMason #JeremyBarnum #RobinVince #DonaldTrump #NewYork #business

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Peter Torrente Troy Rohrbaugh Mike Santomassimo Mark Mason Jeremy Barnum Robin Vince Donald Trump New York

7/15/2025, 1 engagement

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GENERATIVE AI MAY SHOULDER UP TO 40% OF WORKLOAD, SOME BANK EXECS PREDICT

https://s.yimg.com/ny/api/res/1.2/v0I1peB8d2L0ofzP0yhRig--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzU-/https://media.zenfs.com/en/banking_dive_717/bf99853685360bb93ac3e0812cee1212

✍️ Bank executives expect generative AI to handle 21-40% of daily tasks by the end of the year, with 6 in 10 prioritizing AI investments despite economic uncertainty.

👉 Bank executives expect generative AI to handle 21-40% of daily tasks by the end of the year 👉 Six in 10 executives prioritize AI investments despite economic uncertainty 👉 78% of banks are using or piloting AI for security or fraud prevention 👉 Employee training is crucial to secure the return on investment 👉 Banks are actively piloting AI in fraud detection, financial forecasting, and cybersecurity