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MM120: J.P. Morgan, Citi, Wells Fargo & BlackRock earnings explained!

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The Disappointing Quarter in Investment Banking

Investment banking has been down, but not all investment bank teams have struggled. UBS and APAC deal volume in terms of M&A deal volumes up 172% this year. So if you kind of if you use the excuse of a of a cyclical downturn as a reason to not perform better than maybe hard works need to be said in the teams.

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