Morgan Stanley: Strong revenue from Bank of America and Favourable Information from European Investment Bank

Jin Shi data, July 16 news, JPMorgan Chase said in a report that the performance of European investment banks is positive according to the performance of Bank of America. Analysts wrote that the investment banking revenue of Citigroup, Wealth Bank, and JPMorgan Chase is generally strong, and the performance of stock and investment banking business is significantly better than expected. Stock sales and trading performance are significantly better than expected, which is particularly favorable for UBS. Another conclusion is that people have very high expectations for net Interest income. Europe's deposit beta has always been very low, so it is expected that the strong growth in new loans in the second quarter will continue, while the rise in loans will slow down.