Top US banks post strong Q1 profits despite global turmoil

Despite a global banking crisis, several US lenders on Friday reported better-than-expected Q1 earnings, esceeding investor expectations.Banks like JPMorgan Chase, Wells Fargo, Citigroup and PNC Financial surpassed earnings expectations after the failures of smaller banks alarmed the sector.

Apr 14, 2023 - 19:30
Top US banks post strong Q1 profits despite global turmoil
Despite a global banking crisis, several US lenders on Friday reported better-than-expected Q1 earnings, esceeding investor expectations.Banks like JPMorgan Chase, Wells Fargo, Citigroup and PNC Financial surpassed earnings expectations after the failures of smaller banks alarmed the sector.