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 were the key financial results reported by JP Morgan for the fourth quarter?

How did Wells Fargo's share price react following their financial results?

What impact did the asset cap imposed by the Fed in 2017 have on Wells Fargo?

What was Jamie Dimon's perspective on the US-China trade war during the earnings call?

What are the expectations for the upcoming earnings season based on the current financial trends?