What you need to know on Wall Street today

pulse

October 12, 2017 6:19 PM

Hello. Here's what you need to know on Wall Street today.

Welcome to Finance Insider, Business Insider's summary of the top stories of the past 24 hours. Sign up here to get the best of Business Insider delivered direct to your inbox.

JPMorgan Chase and Citigroup both reported third-quarter earnings on Thursday, and both beat Wall Street estimates.

JPMorgan ere are the key points from the memo JPMorgan's investment bank chief just sent to staff.

Citigroup

Goldman Sachs and JPMorgan are pitching a way to profit from the next financial collapse. HSBC named bank veteran John Flint as its new CEO. And

We asked dozens of young bankers to name their biggest Wall Street concern — and one answer came up over and over.

In deal news, ayou've never heard of got in on a $3.6 billion Wall Street dealJustice Department staff are likely to try and block a potential T-Mobile-Sprint mega deal. And Scott Galloway correctly predicted Amazon would buy Whole Foods — here's who he thinks Amazon should acquire next.

In markets, President Trump's claim that he's given stocks an "unprecedented" boost is dead wrong, according to Business Insider's Joe Ciolli. And traders are cranking up bets against the nation's biggest wine company as California wildfires rage.

And in economics, mpolicy meetinghe IMF says the super-wealthy aren't paying their fair share of taxes — and there could be terrible consequences.

Lastly, a quaint, family-run pub in the UK was just voted the best restaurant in the world by travelers.

pulse