Commentary

Wall Street banks are surging ahead even before deregulation bites

EU and UK lenders could struggle as Donald Trump looks to slash red tape

image
There are areas where the City can win, but Wall Street is being given a helping hand by regulators Photo: Spencer Platt/Getty Images

David Wighton is a columnist at Financial News

The Wall Street banks are in rude health. Continued buoyant trading revenues together with a surge in advisory fees have combined to generate some of the best returns since the financial crisis.

WSJ Logo