Post Profile






Wall Street's most important business is bouncing back

The crash of fixed income, currencies and commodities trading has been Wall Street's never-ending story. Over the last few years, revenues have plunged, traders have been fired, and business lines have been shuttered. But for a (possibly brief) moment, it seems that pressure has abated. On Friday, JPMorgan and Citigroup both reported a knockout quarter in the business in the third quarter.
read more

share
See more about: Wall Street

Related Posts


The chart to strike fear in to Wall Street traders

Business & Finance : Business Insider: Money Game

Wall Street trading floors are thinning out. More than 10,000 front office jobs have been cut across the top ten banks since 2011, according to new data from Coalition. In fixed income, currencies and commodities alone, there have b...

Goldman Suffers Terrible Quarter After FICC, Prop Trading Revenues Plunge; Banker Comp At Five Year Lows

Business & Finance : Zero Hedge

Once again, Jefferies' one-month early glimpse at Wall Street trading revenues proved to be spot on. After the boutique mid-market banks reported a total collapse in fixed income trading revenues (which ended up negative following m...

The Ugliest Businesses On Wall Street Are Going To Get Uglier

Business & Finance : Business Insider: Clusterstock

Wall Street investment banks stand to lose $17 billion in revenue from fixed income, currencies, and commodities trading by 2016 due to new regulation, Bloomberg reports. This is bad news made even worse by the fact that Wall Street...

JPMorgan’s investment bank chief loves the business that is hurting the rest of Wall Street (JPM)

Business & Finance : Business Insider: Clusterstock

The fixed income, currencies and commodities business on Wall Street has been a horror show in 2015. FICC revenues at the ten biggest banks were down 9% for the first nine months of the year. Credit trading desks have had a tough ti...

There is literally only one bright spot on Wall Street

Business & Finance : Business Insider: Clusterstock

It has been a terrible start to the year for Wall Street traders. There have been widespread job cuts, and revenues are down in just about every single business line. From stock trading to investment banking to fixed income, currenc...

Comments


Copyright © 2016 Regator, LLC