jpmorgan chase & co.

Citigroup Inc posted a smaller-than-expected 27% drop in quarterly profit on Friday as the third-largest U.S. bank's trading desk cashed in on increased market volatility, cushioning a slump in investment banking. Revenue at the markets…

Morgan Stanley's profit slumped 30% on Thursday, falling short of analysts' estimates for the first time in nine quarters, as its investment banking business struggled to cope with a slump in global dealmaking. Revenue from investment…

A selloff that saw US stocks sink into a bear market last week amid red-hot inflation data and a sharp Federal Reserve rate hike will likely ease in the second half, according to JPMorgan Chase & Co. "The call of peak Fed hawkishness…