Banks - Solomon Grey Capital

A cinematic abstract low-angle view of an empty modern trading floor at night with rows of ergonomic chairs and a single warm amber desk lamp illuminating one workstation in the middle dis...

Banks

The Mix Shift Nobody Priced: Wall Street's Q2 Was the First Capital-Markets Quarter in a Cycle, and JPMorgan's Own CFO Called It Quite High

JPMorgan posted $21.2 billion of Q2 net income, its highest ever. Investment banking fees rose 30 percent. Equities trading revenue rose 86 percent. Global IB fees hit $61.4 billion in the first half, up 24 percent year on year. The market is calling it a dealmaking supercycle. JPMorgan's own CFO Je

Polished brass vault door set in dark marble, lit from above with a warm amber accent — Solomon Grey Capital editorial illustration for the Fed stress test and JPMorgan buyback piece.

Banks

The Stress Test That Wasn't: Why JPMorgan's $50 Billion Buyback Says More About Regulation Than Capital

All 32 US banks cleared the Fed's 2026 stress test. JPMorgan launched a $50B buyback. Morgan Stanley raised its dividend 15%. The headline says capital strength. The signal is regulatory regime change — stress capital buffers are now locked through 2027 and the industry just got its longest planning

Single boardroom microphone on a polished dark wood conference table, lit by gold rim light

Research

The Sell-Side Is Five Points Light: Why Bank CFOs Just Out-Guided Consensus on Q2 Markets

Every major US bank CFO delivered Q2 guides 5 to 12 points above consensus at Morgan Stanley's conference. The mid-July prints will close the gap.

A closed steel bank vault door in shallow depth of field with a single amber light slice along one edge

Research

Dimon's $20 Billion Patience: Why JPMorgan's M&A Signal Is About the Capital Stack, Not the Deal Pipeline

Markets read Jamie Dimon's Bernstein conference signal as a deal warning. The substance was the opposite — a CEO disciplining his C-suite into holding capital b