Wall Street says the worst is over for Wall Street

Wall Street is presenting the argument that the worst is behind them, and investors seem to concur.

During the past week, top bank executives have been pointing out positive signs in dealmaking and trading, despite some of them recording another disappointing quarter.

Morgan Stanley’s CFO, Sharon Yeshaya, mentioned that sentiment and activity improved towards the end of the quarter, with encouraging signs emerging across their businesses, Yahoo Finance reported.

Citigroup’s CFO, Mark Mason, noted that they are witnessing green shoots in debt issuance as clients gain more conviction about the direction of interest rates.

READ MORE: https://finance.yahoo.com/news/wall-street-says-the-worst-is-over-for-wall-street-111457107.html

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