JPMorgan Follows Citi Down With 18% FICC Fall

The video discusses the financial performance of major banks like JP Morgan and Wells Fargo. JP Morgan's Q4 results showed a decline in Fick trading revenue, while equities performed well. Wells Fargo faced challenges with an asset cap imposed by the Fed, affecting its revenue outlook. The video also covers market optimism despite trade tensions and the impact of a potential US government shutdown. The upcoming earnings season is expected to show mixed results, with financials being downgraded. Key banks like Goldman Sachs and Bank of America are highlighted for their upcoming reports.

What was the percentage decline in JP Morgan's Fick trading revenue?

• 10%

• 18%

• 25%

• 30%

Which bank was affected by a loss from an Asian hedge fund?

• Citibank

• JP Morgan

• Bank of America

• Wells Fargo

What was Wells Fargo hoping would be lifted by the first half of the year?

• Dividend freeze

• Loan restrictions

• Asset cap

• Interest rate cap

Which economic issue did Jamie Dimon express optimism about resolving?

• Brexit negotiations

• Middle East tensions

• European debt crisis

• US-China trade war

Which bank is NOT mentioned as having upcoming earnings reports?

• Goldman Sachs

• Bank of America

• Morgan Stanley

• Deutsche Bank