Big Banks Benefit from AI Investment and Geopolitical Volatility
Big banks like JPMorgan and Goldman Sachs are experiencing strong earnings growth in 2026, driven by increased borrowing in AI development and geopolitical volatility from the Iran war. JPMorgan reported a 13% year-over-year increase in net income, while Goldman Sachs saw a 27% surge in equities and a 48% rise in investment banking fees.
Topics: AI investment bank earnings fixed income trading M&A activity war volatility