Knowledge Diagram Navigation:

Spatial co-ordinations are initially random, and will automatically re-arrange to minimize complexity based on distance between relationships. Mouse down and drag to pan. Right click on the strategic diagram toggles between motion and stationary. Hover over abstract node (orange) to view abstractions. Hover over leaf node to view corresponding narrative. Left click on the leaf node expands the narrative to view full text.

Narrative Analysis - Report

Key Focus

But the results were tempered by rising pressure from interest rates, which squeezed profit margins. Banks are warning that the capital markets recovery is fragile. And many said they don't expect much revenue and profit growth this year ...

As a group, the six big banks reported $35.63 billion in profits, down 3% from a year ago, with half of the banks reporting a decrease in profit and half of them reporting an increase ...

Trading revenue fell at JPMorgan and Citigroup and were about flat at Morgan Stanley MS 3.74%increase; green up pointing triangle and Bank of America ...

No momentum supporting factor found

Challenge supporting factors

(america,corporate)

(banks,bank,corporate)

(bank,america)

(banks,america)

(revenue,profit)

Work-in-progress supporting factors

(banks,bank,recovery)

(america,interest)

(bank,interest)

(banks,bank,interest)

(bank,savings)

(banks,bank,savings)

(banks,savings)

Time Period	Challenge	Momentum	WIP
Report	6.64	0.00	93.36

High Level Abstraction (HLA) combined

High Level Abstraction (HLA)	Report
(1) (banks,profit)	100.00
(2) (banks,revenue)	92.17
(3) (banks,recovery)	83.81
(4) (banks,interest)	75.46
(5) (bank,revenue)	49.61
(6) (banks,bank,revenue)	47.26
(7) (america,recovery)	45.69
(8) (bank,recovery)	45.43
(9) (banks,bank,recovery)	43.34
(10) (america,interest)	41.51
(11) (bank,interest)	41.25
(12) (banks,bank,interest)	39.95
(13) (bank,savings)	37.34
(14) (banks,bank,savings)	34.46
(15) (banks,savings)	33.94
(16) (bank,risk)	33.68
(17) (banks,bank,risk)	31.07
(18) (america,morgan_stanley_ms)	30.29
(19) (bank,morgan_stanley_ms)	30.03
(20) (banks,bank,morgan_stanley_ms)	28.20
(21) (banks,morgan_stanley_ms)	26.63
(22) (bank,low-interest)	26.37
(23) (banks,bank,corporate)	25.85
(24) (banks,bank,low-interest)	24.80
(25) (banks,bank,higher-yielding)	22.45
(26) (banks,bank,finalizing)	19.84
(27) (banks,bank,federal)	17.23
(28) (banks,america)	16.45
(29) (bank,america)	15.40
(30) (america,corporate)	14.62
(31) (revenue,markets)	10.70
(32) (revenue,goldman)	8.62
(33) (banks,warning)	7.83
(34) (banks,stronger-than-expected)	7.57
(35) (banks,risk)	7.31
(36) (revenue,decrease)	7.05
(37) (banks,markets)	7.05
(38) (bank,market)	6.53
(39) (bank,low-income)	6.27
(40) (bank,labor)	6.01
(41) (revenue,profit)	5.74
(42) (revenue,capital)	5.48
(43) (revenue,investment-banking)	4.96
(44) (revenue,increase)	4.70
(45) (revenue,america)	4.44
(46) (revenue,earnings)	3.92
(47) (revenue,citigroup)	3.13
(48) (revenue,warning)	1.83
(49) (america,earnings)	1.83
(50) (america,finalizing)	1.57
(51) (america,federal)	1.31
(52) (america,citigroup)	0.52
(53) (america,chase)	0.26

Supporting narratives:

Please refer to knowledge diagram for a complete set of supporting narratives.

challenge - Back to HLA

Trading revenue fell at JPMorgan and Citigroup and were about flat at Morgan Stanley MS 3.74%increase; green up pointing triangle and Bank of America. Goldman reported a 10% increase.. . While banks said corporate executives have regained confidence, the recovery remains fragile, given the uncertainty around interest rates and geopolitical tensions ...
High Level Abstractions:

(bank,america)
(banks,bank,corporate)
(america,corporate)
(banks,america)
Inferred entity relationships (10)
(bank,banks,morgan_stanley_ms) [inferred]
(bank,banks,higher-yielding) [inferred]
(bank,banks,interest) [inferred]
(bank,banks,finalizing) [inferred]
(bank,banks,revenue) [inferred]
(bank,banks,federal) [inferred]
(bank,banks,savings) [inferred]
(bank,banks,low-interest) [inferred]
(bank,banks,recovery) [inferred]
(bank,banks,risk) [inferred]

challenge - Back to HLA

Banks are warning that the capital markets recovery is fragile. And many said they don't expect much revenue and profit growth this year.. . As a group, the six big banks reported $35.63 billion in profits, down 3% from a year ago, with half of the banks reporting a decrease in profit and half of them reporting an increase ...
High Level Abstractions:

(revenue,profit)

WIP - Back to HLA

But the results were tempered by rising pressure from interest rates, which squeezed profit margins. Banks are warning that the capital markets recovery is fragile. And many said they don't expect much revenue and profit growth this year ...
High Level Abstractions:

(banks,markets)
(banks,profit)
(banks,warning)

WIP - Back to HLA

. As a group, the six big banks reported $35.63 billion in profits, down 3% from a year ago, with half of the banks reporting a decrease in profit and half of them reporting an increase ...
High Level Abstractions:

(banks,profit)

WIP - Back to HLA

Trading revenue fell at JPMorgan and Citigroup and were about flat at Morgan Stanley MS 3.74%increase; green up pointing triangle and Bank of America ...
High Level Abstractions:

(banks,bank,revenue)
(banks,revenue)
(bank,revenue)
(america,citigroup)
Inferred entity relationships (11)
(bank,banks,morgan_stanley_ms) [inferred]
(bank,banks,higher-yielding) [inferred]
(bank,banks,interest) [inferred]
(bank,banks,finalizing) [inferred]
(bank,banks,federal) [inferred]
(bank,banks,savings) [inferred]
(bank,banks,low-interest) [inferred]
(bank,banks,corporate) [inferred]
(bank,banks,recovery) [inferred]
(banks,revenue) [inferred]
(bank,banks,risk) [inferred]

WIP - Back to HLA

Banks are warning that the capital markets recovery is fragile. And many said they don't expect much revenue and profit growth this year. ...
High Level Abstractions:

(banks,revenue)
(revenue,capital)
(revenue,warning)
(revenue,markets)

WIP - Back to HLA

Goldman reported a 10% increase.. . While banks said corporate executives have regained confidence, the recovery remains fragile, given the uncertainty around interest rates and geopolitical tensions. ...
High Level Abstractions:

(america,recovery)
(banks,recovery)
(bank,recovery)
(banks,bank,recovery)
Inferred entity relationships (11)
(bank,banks,morgan_stanley_ms) [inferred]
(bank,banks,higher-yielding) [inferred]
(bank,banks,interest) [inferred]
(bank,banks,finalizing) [inferred]
(bank,banks,revenue) [inferred]
(bank,banks,federal) [inferred]
(bank,banks,savings) [inferred]
(bank,banks,low-interest) [inferred]
(bank,banks,corporate) [inferred]
(banks,recovery) [inferred]
(bank,banks,risk) [inferred]

WIP - Back to HLA

But the results were tempered by rising pressure from interest rates, which squeezed profit margins. Banks are warning that the capital markets recovery is fragile. And many said they don't expect much revenue and profit growth this year. ...
High Level Abstractions:

(banks,recovery)

WIP - Back to HLA

While banks said corporate executives have regained confidence, the recovery remains fragile, given the uncertainty around interest rates and geopolitical tensions. ...
High Level Abstractions:

(america,interest)
(bank,interest)
(banks,bank,interest)
(banks,interest)
Inferred entity relationships (11)
(bank,banks,morgan_stanley_ms) [inferred]
(bank,banks,higher-yielding) [inferred]
(bank,banks,finalizing) [inferred]
(bank,banks,revenue) [inferred]
(bank,banks,federal) [inferred]
(bank,banks,savings) [inferred]
(bank,banks,low-interest) [inferred]
(bank,banks,corporate) [inferred]
(bank,banks,recovery) [inferred]
(banks,interest) [inferred]
(bank,banks,risk) [inferred]

WIP - Back to HLA

But the results were tempered by rising pressure from interest rates, which squeezed profit margins. Banks are warning that the capital markets recovery is fragile ...
High Level Abstractions:

(banks,interest)

WIP - Back to HLA

While some shifted cash from low-interest savings accounts into certificates of deposit, bank executives also acknowledged the continued risk of customers moving money out of the banks and into higher-yielding alternatives ...
High Level Abstractions:

(banks,bank,low-interest)
(banks,savings)
(bank,savings)
(banks,bank,savings)
(bank,low-interest)
Inferred entity relationships (12)
(bank,banks,morgan_stanley_ms) [inferred]
(bank,banks,higher-yielding) [inferred]
(bank,banks,interest) [inferred]
(bank,banks,finalizing) [inferred]
(banks,savings) [inferred]
(bank,banks,revenue) [inferred]
(bank,banks,federal) [inferred]
(bank,banks,savings) [inferred]
(bank,banks,low-interest) [inferred]
(bank,banks,corporate) [inferred]
(bank,banks,recovery) [inferred]
(bank,banks,risk) [inferred]

WIP - Back to HLA

While some shifted cash from low-interest savings accounts into certificates of deposit, bank executives also acknowledged the continued risk of customers moving money out of the banks and into higher-yielding alternatives. ...
High Level Abstractions:

(banks,bank,risk)
(bank,risk)
(banks,bank,higher-yielding)
Inferred entity relationships (12)
(banks,risk) [inferred]
(bank,banks,morgan_stanley_ms) [inferred]
(bank,banks,higher-yielding) [inferred]
(bank,banks,interest) [inferred]
(bank,banks,finalizing) [inferred]
(bank,banks,revenue) [inferred]
(bank,banks,federal) [inferred]
(bank,banks,savings) [inferred]
(bank,banks,low-interest) [inferred]
(bank,banks,corporate) [inferred]
(bank,banks,recovery) [inferred]
(bank,banks,risk) [inferred]

WIP - Back to HLA

Trading revenue fell at JPMorgan and Citigroup and were about flat at Morgan Stanley MS 3.74%increase; green up pointing triangle and Bank of America. Goldman reported a 10% increase. ...
High Level Abstractions:

(bank,morgan_stanley_ms)
(america,morgan_stanley_ms)
(banks,morgan_stanley_ms)
(banks,bank,morgan_stanley_ms)
Inferred entity relationships (11)
(bank,banks,higher-yielding) [inferred]
(bank,banks,interest) [inferred]
(bank,banks,finalizing) [inferred]
(bank,banks,revenue) [inferred]
(bank,banks,federal) [inferred]
(bank,banks,savings) [inferred]
(bank,banks,low-interest) [inferred]
(banks,morgan_stanley_ms) [inferred]
(bank,banks,corporate) [inferred]
(bank,banks,recovery) [inferred]
(bank,banks,risk) [inferred]

WIP - Back to HLA

Another headache: tighter bank regulations. Federal authorities are finalizing a new set of rules that could make it more expensive for banks to lend. ...
High Level Abstractions:

(banks,bank,finalizing)
Inferred entity relationships (10)
(bank,banks,savings) [inferred]
(bank,banks,morgan_stanley_ms) [inferred]
(bank,banks,low-interest) [inferred]
(bank,banks,higher-yielding) [inferred]
(bank,banks,interest) [inferred]
(bank,banks,corporate) [inferred]
(bank,banks,recovery) [inferred]
(bank,banks,revenue) [inferred]
(bank,banks,federal) [inferred]
(bank,banks,risk) [inferred]

WIP - Back to HLA

Another headache: tighter bank regulations. Federal authorities are finalizing a new set of rules that could make it more expensive for banks to lend ...
High Level Abstractions:

(banks,bank,federal)
Inferred entity relationships (10)
(bank,banks,savings) [inferred]
(bank,banks,morgan_stanley_ms) [inferred]
(bank,banks,low-interest) [inferred]
(bank,banks,higher-yielding) [inferred]
(bank,banks,interest) [inferred]
(bank,banks,corporate) [inferred]
(bank,banks,finalizing) [inferred]
(bank,banks,recovery) [inferred]
(bank,banks,revenue) [inferred]
(bank,banks,risk) [inferred]

WIP - Back to HLA

The banks'investment-banking divisions delivered one of their best quarters since the Federal Reserve's interest-rate increases began dampening corporate dealmaking in 2022. ...
High Level Abstractions:

(banks,bank,corporate)
Inferred entity relationships (10)
(bank,banks,savings) [inferred]
(bank,banks,morgan_stanley_ms) [inferred]
(bank,banks,low-interest) [inferred]
(bank,banks,higher-yielding) [inferred]
(bank,banks,interest) [inferred]
(bank,banks,finalizing) [inferred]
(bank,banks,recovery) [inferred]
(bank,banks,revenue) [inferred]
(bank,banks,federal) [inferred]
(bank,banks,risk) [inferred]

WIP - Back to HLA

April 16, 2024 10:53 am ET.. . America's biggest banks reported stronger-than-expected earnings in the first quarter, highlighting how a resilient economy is helping power everything from Main Street to Wall Street ...
High Level Abstractions:

(banks,stronger-than-expected)
(banks,america)

WIP - Back to HLA

While some shifted cash from low-interest savings accounts into certificates of deposit, bank executives also acknowledged the continued risk of customers moving money out of the banks and into higher-yielding alternatives. That could force banks to find pricier sources of funding ...
High Level Abstractions:

(banks,risk)

WIP - Back to HLA

While that problem started to improve in the second half of last year, losses on such securities rose in the first quarter at Bank of America.. . Another headache: tighter bank regulations. Federal authorities are finalizing a new set of rules that could make it more expensive for banks to lend ...
High Level Abstractions:

(bank,america)
(america,federal)

WIP - Back to HLA

shows that wages grew in March for high-income and low-income households at the fastest rate since early 2023, a reflection of the country's strong labor market. ...
High Level Abstractions:

(bank,labor)
(bank,market)

WIP - Back to HLA

Research from Bank of America BAC -3.94%decrease; red down pointing triangle. . shows that wages grew in March for high-income and low-income households at the fastest rate since early 2023, a reflection of the country's strong labor market ...
High Level Abstractions:

(bank,low-income)

WIP - Back to HLA

JPMorgan warned that borrowers might be less active in the capital markets later in the year. Goldman said its backlog of future investment-banking revenue fell from the end of 2023 ...
High Level Abstractions:

(revenue,markets)
(revenue,capital)

WIP - Back to HLA

JPMorgan warned that borrowers might be less active in the capital markets later in the year. Goldman said its backlog of future investment-banking revenue fell from the end of 2023. Struggles ahead. . Banks could struggle in the long term if rates stay where they are now ...
High Level Abstractions:

(revenue,investment-banking)

WIP - Back to HLA

As a group, the six big banks reported $35.63 billion in profits, down 3% from a year ago, with half of the banks reporting a decrease in profit and half of them reporting an increase. ...
High Level Abstractions:

(revenue,increase)
(revenue,decrease)

WIP - Back to HLA

and Citigroup's investment-banking fees each increased 32% from a year earlier. Several large banks posted a revenue decrease in M&A and advisory activity, while Goldman reported a 24% increase. . . Trading revenue fell at JPMorgan and Citigroup and were about flat at Morgan Stanley MS 3.74%increase; green up pointing triangle and Bank of America ...
High Level Abstractions:

(revenue,decrease)
(revenue,goldman)

WIP - Back to HLA

JPMorgan warned that borrowers might be less active in the capital markets later in the year. Goldman said its backlog of future investment-banking revenue fell from the end of 2023. Struggles ahead ...
High Level Abstractions:

(revenue,goldman)

WIP - Back to HLA

JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, Goldman Sachs and Morgan Stanley all reported revenue and earnings that beat or met analysts'expectations. Consumer spending remained robust. Pent-up demand for dealmaking, stock and bond sales lifted earnings at the Wall Street-heavy banks ...
High Level Abstractions:

(revenue,earnings)

WIP - Back to HLA

. . Trading revenue fell at JPMorgan and Citigroup and were about flat at Morgan Stanley MS 3.74%increase; green up pointing triangle and Bank of America ...
High Level Abstractions:

(revenue,citigroup)

WIP - Back to HLA

JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, Goldman Sachs and Morgan Stanley all reported revenue and earnings that beat or met analysts'expectations ...
High Level Abstractions:

(revenue,america)

WIP - Back to HLA

Trading revenue fell at JPMorgan and Citigroup and were about flat at Morgan Stanley MS 3.74%increase; green up pointing triangle and Bank of America. ...
High Level Abstractions:

(revenue,america)

WIP - Back to HLA

While that problem started to improve in the second half of last year, losses on such securities rose in the first quarter at Bank of America.. . Another headache: tighter bank regulations. Federal authorities are finalizing a new set of rules that could make it more expensive for banks to lend. ...
High Level Abstractions:

(america,finalizing)

WIP - Back to HLA

By Alexander Saeedy, AnnaMaria Andriotis and Justin Baer.. April 16, 2024 10:53 am ET.. . America's biggest banks reported stronger-than-expected earnings in the first quarter, highlighting how a resilient economy is helping power everything from Main Street to Wall Street ...
High Level Abstractions:

(america,earnings)

WIP - Back to HLA

JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, Goldman Sachs and Morgan Stanley all reported revenue and earnings that beat or met analysts'expectations. ...
High Level Abstractions:

(america,earnings)

WIP - Back to HLA

. JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, Goldman Sachs and Morgan Stanley all reported revenue and earnings that beat or met analysts'expectations ...
High Level Abstractions:

(america,chase)

Semantics Relevance

Big Banks'Upbeat Quarter Reflects Resilient Economy.