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Wall Street banks hit by capital markets slowdown after strong first half

Original: Wall St banks caught in capital markets lull after a strong first half of 2026

Major Wall Street banks are seeing their capital markets activity slow after a robust first half of 2026. Dealmaking, stock and bond issuance revenues that powered earlier results have cooled, weighing on trading and advisory income at the firms most exposed to market activity. Attention now turns to whether the lull is temporary or signals a broader pullback in client activity.

Why now: Investors and analysts are watching whether the slowdown dents bank earnings after an unusually strong start to the year.

Wall Street banksGoldman SachsJPMorgan ChaseMorgan Stanley

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