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Wall Street is celebrating a bumper quarter in equity trading.
JPMorgan and Citigroup announced first-quarter earnings on Friday, with both beating solidly. The two banks also posted gains in markets revenue, with JPMorgan's markets revenue up 7% on an underlying basis and Citigroup's total markets and securities securities revenue up 3%.
Those gains were driven by equities revenue, with JPMorgan posting record equities revenue of $2 billion and Citigroup posting a 38% gain in equities revenue to $1.1 billion. Here's the latest:
Elsewhere on Wall Street, Goldman Sachs is on a hiring spree for the tech team at the heart of its new strategy. The investment bank is looking to hire 60 people for Marquee, an API store inspired by the firm's CFO Marty Chavez, people familiar with the matter told Business Insider.
In markets news:
Lastly, in tech news: