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Citi & JPMorgan 1Q18 Beat: Time for Bigger Buffers

Earnings Note: 13 Apr 2018, 4:13 PM ET
Printed for x x

As expected, Citi and JPMorgan reported solid results that beat expectations due to a slew of tailwinds. JPM posted record earnings, while C's were its best in ~3 years. We believe banks should increase their capital buffers due to SCB.

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