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US investment bank results expected to be lacklustre

With Wall Street’s Q1 earnings season about to start, we look at what to expect
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US investment bank results expected to be lacklustreImage: Reuters/Brendan McDermid

Some of the largest US investment banks, including Citi, JPMorgan, State Street and Wells Fargo, will publish their first quarter results on Friday. They will be followed by Bank of America, Morgan Stanley and Goldman Sachs next week.

The Banker spoke to analysts who said they do not expect any great surprises, and many of the themes that were present in the results from the last quarter of 2023 will appear again.

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Michael Klimes is the investment banking and capital markets editor at The Banker. He joined the publication from Money Marketing where he was acting editor. He wrote about pensions for nine years on the retail and institutional side. He won B2B pensions journalist of the year at the Headline Money Awards 2022.
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