Trading

Bank traders set to shine amid Trump market chaos

The five biggest US banks are expected to report bumper trading revenues shortly

Trump’s tariffs have been bad for dealmakers, but better for those who trade off volatility
Trump’s tariffs have been bad for dealmakers, but better for those who trade off volatility Photo: Kevin Dietsch/Getty Images

As Donald Trump’s quickfire tariff changes stoke volatility across global financial markets, investment banks face a period of reliance on their trading businesses.

The US president’s policy reveals and U-turns have whipsawed markets in recent days.

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