“Wall Street Banks Thriving Despite Recent Financial Shocks”

A banking crisis, where? The big banks that reign on Wall Street have still not come down from their little cloud, despite the shocks caused by the bankruptcy of Silicon Valley Bank in early March and the disappearance of an institution, Credit Suisse.

Friday in New York, JPMorgan, Citi and Wells Fargo opened the first quarter results ball with excellent financial performances, having taken advantage of the flight of depositors from smaller banks and market volatility. The stock market greeted this salvo with a sharp rise in prices: +7.55% for the country’s leading bank, JPMorgan.