JPMorgan, BofA CEOs Predict New Round of Trading Windfalls (1)

Wall Street banks are predicting another banner quarter for their trading desks.

Bank of America Corp. expects second-quarter revenue from sales and trading to increase about 15% from a year ago, Chief Executive Officer Brian Moynihan said Wednesday. And JPMorgan Chase & Co. CEO Jamie Dimon said markets revenue at his bank could rise 11%, which would make it the second-best quarter ever for that business.

Trading gains already helped fuel a record haul for the biggest US banks in the first three months of 2026, with stock trading in particular benefiting from a wave of volatility generated by the ...