JOY FOR U.S. BANKS AMID DISMAY FOR E.U. BANKS – Some of the largest U.S. Banks have reported record first-quarter profits on the back of their stock trading units. Equities Revenue is on the up, U.S. banks increased by almost one-third as the volatile markets triggered a lot of trading activity for the likes of JPMorgan Chase and Citigroup. On the other hand Deutsche Bank, Credit Suisse and Barclays may end up reporting low single-digit increases or declines. The various leaders of the biggest EU banks pinned some hopes on their stock-trading divisions when they started costly overhauls several years ago. Instead they have found themselves losing market share to their U.S. rivals, amid new sweeping rules and internal difficulties. #SpartanInternational