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Citi & JPM: 2Q17 Beat, Rates- Marathon Not Sprint

Earnings Note: 14 Jul 2017, 4:42 PM ET
Printed for x x

Citi and JPMorgan reported 2Q17 results which beat consensus. Trading revenues declined YoY (In-line with guidance), but were offset by improved investment banking fees and net interest income reflecting higher short-term rates.

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