JPMorgan Profits Surge as Trading and Dealmaking Boom Under Trump’s Economic Shift

The Wall Street giant posts a record quarter with profits up 12%, driven by resurgent deal activity, robust trading, and renewed confidence in U.S. markets amid shifting trade and regulatory landscapes. JPMorgan Chase has once again asserted its dominance on Wall Street, reporting a 12% surge in third-quarter profits fueled by a wave of dealmaking and trading activity spurred by Donald Trump’s tariffs and looser financial regulations. The United States’ largest bank saw revenue climb 9% to $47.12 billion, handily beating analysts’ expectations of $45.4 billion, according to data compiled by the London Stock Exchange Group. Earnings per share reached … Continue reading JPMorgan Profits Surge as Trading and Dealmaking Boom Under Trump’s Economic Shift