Citigroup's markets revenue rose 12% to $6 billion in the quarter, surpassing its earlier expectations for a mid-single-digit percentage gain, the bank said on Tuesday.

Bank of America's earnings were $7.4 billion, or 90 cents per share, in the quarter ended March 31, the bank, led by Brian Moynihan, said on Tuesday morning.

Goldman's profit rose to $4.74 billion, or $14.12 per share, for the three months ended March 31, the bank said. That compared with $4.13 billion, or $11.58 per share, a year earlier.

The CEOs of two major U.S. banks discussed President Donald Trump's tariffs in letters within their quarterly earnings reports and said that the duties could slow the economy.

JPMorgan Chase CEO Jamie Dimon warned that there will likely be higher inflation because Trump's tariffs, which have also created elevated uncertainty amid retaliation threats.

JPMorgan Chase is dropping "equity" from its diversity program as more companies scale back initiatives that are aimed at increasing racial and gender equality in the workplace.

A group of CEOs from leading U.S. banks are meeting with the Senate Banking Committee to discuss potential solutions to regulatory issues related to debanking decisions.

JPMorgan Chase has several rounds of layoffs coming this year, and some workers at the company have apparently started being told they will lose their jobs, according to Barron's.

More than a dozen major U.S. companies have made headlines for rolling back their diversity, equity and inclusion (DEI) programs over the past year, but many are still standing firm.

President Donald Trump accused leading U.S. banks of debanking conservative clients over their political views, a claim that financial institutions have pushed back on.