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Pozsar: JPM & Citi Earnings Mostly Consistent With Benign Year-End

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Credit Suisse's Zoltan Pozsar notes that "J.P. Morgan Chase & Co. and Citigroup Inc. reported their earnings for the third quarter of 2020 today. Balance sheet information published within the quarterly earnings supplements, and comments provided by management on the earnings calls are consistent with our view for a benign year-end turn, the recent U.S. election-driven increase in G-SIBs' derivative books notwithstanding."

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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