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News Wire / economy

Three US Banks Report $30B Profit Increase

Govorit Moskva New York 51d Impact 5
Three major American banks increased their net profit by over $30 billion in the speculative commodity segment during March compared to the previous March. The report notes that the financial sector is generating revenue from the ongoing conflict, similar to American oil companies. This increase was driven by speculative activity in commodity futures. The profit growth occurred specifically within the speculative commodity trading segment. The increase is attributed to market activity related to the ongoing war. Financial sectors and oil companies are reportedly benefiting from these market shifts. This increase follows a sharp rise in futures prices.

Topics

banking commodities profit

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Sources · 7 independent

Govorit Moskva

“Три крупнейших американских банка увеличила свою прибыль именно в сегменте, спекулятивном, вот в этом комодите, спекулятивном. Три банка на 30 миллиардов, с лишним долларов за март, по сравнению с прошлым мартом, увеличили чистую прибыль свою.”

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