Big banks are feasting on war and the AI buildout

Between war-born volatility and the bonanza of the AI buildout, Wall Street's biggest banks are seeing a fat payday

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Wall Street's banks are feasting, according to earnings reports released this week from giants Goldman Sachs $GS and JPMorgan $JPM — and no wonder. The business world’s two biggest factors are working out in their favor. First, there’s the ongoing mega-capital story surrounding the AI buildout, which has public and private companies borrowing as never before. Even the war is working in banks’ favor, creating the volatility that keeps their trading desks busy.

In short, 2026 is proving a good year for big banks, at least thus far. A look beneath the hood reveals........

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