JPMorgan Relieves Goldman of Apple Card Ahead of Earnings Week
Also: UBS wins on capital and bonds; China gets real on realized losses
This article is for subscribers only.
Welcome to Bloomberg’s Banking Industry Monitor. Every Thursday we’ll deliver you the top news of the global banking industry with emerging trends, winners and losers and market opportunities. Sign up now if you’re not already on the list.
There’s been no follow-through yet on President Donald Trump’s idea of ending quarterly reports, so earnings season for the Big 6 banks is upon us again. The action starts on Tuesday with JPMorgan Chase; reporters from Bloomberg News will be live-blogging the results on Tuesday, Wednesday and Thursday. Looking back, here’s the ultimate bottom line for last year: