Wall Street banks may take on more risk after tough quarter
Major U.S. banks are preparing quarterly results after a $45 billion hedge fund collapse and weakness in other business lines.
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what happened
Reuters reports that major Wall Street banks are preparing to release results for a quarter overshadowed by the collapse of a $45 billion hedge fund customer. Citigroup, Goldman Sachs, JPMorgan and Wells Fargo are scheduled to report third-quarter results on October 13. Bank of America and Morgan Stanley are due to follow on October 14.
With activity subdued in other parts of their businesses, lenders are increasingly presenting stock, bond and commodity trading as a durable source of revenue. Reuters says that backdrop could encourage banks to assume more risk in an effort to offset potential disruptions elsewhere.
why it matters
The upcoming results will show how far trading operations can cushion the impact of a troubled quarter and weaker activity in other banking businesses. Any greater willingness to take risk will be relevant to assessing the durability of revenue at the largest lenders.
instruments
sources
- Wall Street’s trading high will be hard to kick — Reuters, 12 October 2026 at 14:20 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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