Trump's policy wreaks havoc on the market! Wall Street's big bank mergers and acquisitions dreams fall through, but unexpectedly collect billions in trading revenue.

According to the Financial Channel app, Wall Street banks were once optimistic that Donald Trump's second term would bring about a merger frenzy, but instead it led to a trading feast. The trading revenue of the top five banks in the United States in the first half of the year jumped by $10 billion compared to the same period last year, reaching a record level. This was mainly due to tariffs and tax policies driving a significant increase in trading activity in the stock, currency, and bond markets. However, investment banking revenue only increased by less than $1 billion, and is still nearly 40% lower than the peak in 2021, as market volatility has affected merger and initial public offering (IPO) transactions.