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US banks post $40bn trading haul amid Iran tensions and market volatility

The five largest US banks are set to announce their best trading results of the year, with combined revenues estimated at $40 billion.

Published 17sem1 sourceNotableupdated 17sem
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The fact

Increased market volatility, fueled by geopolitical tensions in the Middle East and Iranian conflict, has created profitable trading opportunities for major financial institutions.

These exceptional performances reflect Wall Street's ability to capitalize on global market instability.

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