Analysts expect the largest US banks to report bigger hauls out of their investment banking operations from a year ago, buoyed by a gradual return of lucrative deals like mergers and equity underwriting after a slow period brought on by high interest rates.
JPMorgan Chase and Wells Fargo — the first-and third-largest US lenders—are scheduled to report their third-quarter earnings results on 11 October, followed by reports from Bank of America, Citigroup, Morgan Stanley and Goldman Sachs the following week.