“Major US Banks Brace for Challenging Q2 Earnings Amid Economic Uncertainty”

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"JPMorgan Chase, Citigroup, and Wells Fargo are anticipating a challenging second quarter due to sluggish dealmaking, low trading revenue, and a scarcity of investment-banking activity. In response to recent bank failures, these banks are expected to tighten credit standards and reduce their workforce. Analysts will closely examine their lending outlook and provisions made to mitigate losses from non-performing loans."

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