Q1 results from big 5 US banks are in.
Record revenue for equities trading - up 34% in aggregate
FICC revenue +6%
IBD +4%, with DCM +10%, M&A +7% and ECM -16%

JPM and Morgan Stanley had great Q1 for equities trading and DCM; Goldman weak in M&A

Suggest @thetimes.com photo caption writer watches the clip next time…
Areola could have done a lot to stop the cross for Haaland (or stay in goal)
And, er, that’s Kilman not Kudus. The K was a clue, but they look a bit different 😳

Both Citi and Morgan Stanley have now announced they are putting regional Mideast hubs in Riyadh.
Here’s our story from friday on the increasing Saudi vs UAE battle for capital markets spoils.

www.ifre.com/story/497178...

Great Q3 for big 5 US banks in investment banking. IBD revenues +30% yoy in aggregate. DCM +59%, ECM +27%, M&A +9%
Equities trading +22%
FICC -2%

Standouts - Morgan Stanley IBD (+56%), inc DCM (+120%) and ECM (+53%). Citi in Equities and IBD
Misfires - Goldman in FICC (-12%), BofA in M&A

@thetimes.com
Never seem a donut for a player rating - as bad as west ham’s defending was (and mavropanos was worse) 😳

OK this is a week old, but figured I should get rolling for my <10 followers.
Q2 was good all round, with UBS and Morgan Stanley probably best of the bunch
Canadian banks' Q3 (May-July) start tomorrow