Sentences with phrase «jpmorgan trading revenue»

Earlier on Tuesday, Dimon warned about further declines in trading revenue for the banking giant.

Dimon said third - quarter trading revenue will drop about 20 percent on a year - over-year basis.

On Monday, Gerspach said Citi's trading revenue could fall 15 percent, citing low market volatility.

Fixed - income sales and trading revenue beat expectations, coming in at $ 1.5 billion ($ 1.01 billion expected).

Total trading revenues beat expectations, coming in at $ 3.60 billion ($ 3.45 billion expected).

Total trading revenue missed expectations, coming in at $ 2.91 billion ($ 3.06 billion expected), while banking revenue was $ 1.22 billion ($ 1.14 billion expected).

Equity sales and trading revenue beat expectations at $ 2.0 billion ($ 1.84 billion expected).

Fixed income, currency, and commodities trading revenue came in at $ 1.96 billion for the quarter ($ 2.12 billion expected), while equities trading revenue was $ 948 million ($ 943.7 million expected).

That came despite the fact Goldman failed to impress investors in its first quarter earnings Tuesday, posting trading revenue that was 2.4 % lower from a year earlier, at $ 3.4 billion for the quarter.

Goldman's trading results were in sharp contrast to those from JPMorgan Chase (jpm) and Bank of America (bac), which reported a rise in trading revenue.

Goldman Sachs Group reported a lower - than - expected quarterly profit as gains in investment banking were offset by weak trading revenue.

Revenue from fixed - income trading surged about 29 %, while equity trading revenue rose about 7 %, boosted by volatility around the Fed's interest rate hikes.

The bank reports a $ 2.9 billion charge related to the new tax law and a drop in fixed - income trading revenues.

In its earnings statement, J.P. Morgan Chase reported a 34 percent drop in fixed income markets trading revenue in the fourth quarter.

JPMorgan generated around $ 21 billion in fixed income and equity sales and trading revenues in 2016.

He was asked what trading revenues looked like halfway through the first quarter.

His comments confirm fears that the recent volatility has dented trading revenues.

J.P. Morgan Chase reports earnings that beat on the top and bottom lines, although trading revenue growth remained light.

BofA is joining firms across Wall Street in paring back staff amid one of the worst quarters for investment - banking and trading revenues.

Citigroup said the sharp rise in stock trading revenue was a byproduct of increased market volatility in equity markets.

Blankfein, who underwent chemotherapy for cancer more than two years ago, led the firm through the financial crisis in better shape than most rivals, and the company capitalized with record trading revenues.

J.P. Morgan Chase on Friday reported first - quarter earnings that beat on the top and bottom lines, although trading revenue growth remained light.

Also, they rely on trading revenues to drive earnings, a very volatile line item that is very difficult to predict and analyze.»

Analysts in a StreetAccount survey had expected a nearly 3 percent increase to $ 4.34 billion in revenue from fixed income, currencies and commodities trading revenues.

At nearly $ 11 billion this year, total trading revenue at Morgan Stanley is expected to be smaller than Goldman's $ 13.2 billion.

In other words, the pressure is on these 4 traders to boost trading revenue next quarter.

Barclays» Wall Street rivals saw bond trading revenues rise by an average of 21 percent in the first quarter, with investors adjusting their portfolios in response to rising interest rates, and elections in Europe.

Morgan Stanley's equity trading revenue increased to $ 2.6 billion in the period, up 30 percent from a year ago.

A 38 percent drop in fixed - income, currency and commodity trading revenue over the same five - year period made Goldman the worst performer of the five banks.

Wells is the largest mortgage holder in the United States, and the bank credited its $ 1 billion revenue increase over 4Q 2011 to growth in noninterest income, including strong mortgage banking and trading revenues, while net interest income remained stable.

Its fixed - income, currency and commodity trading revenue has jumped 37 percent since 2013 to just short of $ 5 billion.

That would mark the first year - over-year increase since the first quarter of 2017, when trading revenue at Goldman Sachs, Morgan Stanley, JPMorgan, Bank of America and Citigroup rose by 15 percent, according to Sandler O» Neill analyst Jeffery Harte in Chicago.

Aggregate trading revenue at Goldman Sachs Group Inc (GS.N), Morgan Stanley (MS.N), Citigroup Inc (C.N), JPMorgan Chase & Co (JPM.N) and Bank of America Corp (BAC.N) could hit a three - year high and reverse three straight quarters of year - on - year declines, some estimates show.

Sandler O'Neill's Harte estimates a year - over-year increase of 6 percent for the five banks» total trading revenue to $ 22.71 billion, up from $ 14.47 billion in the fourth quarter and $ 21.33 billion in the first quarter last year.

«Despite the fact that Q1 2017 was a particularly strong quarter for trading on the heels of the U.S. Presidential election, we do think we'll see year - over-year growth in trading revenue,» said Barclays» bank analyst Jason Goldberg.

NEW YORK (Reuters)- When Wall Street's biggest banks report first - quarter earnings in the days ahead, investors should see a welcome resurgence in trading revenue growth thanks to the biggest jump in market volatility since President Donald Trump's election.

Citigroup and Goldman are also likely to see a decline in trading revenues.

Goldman's FICC revenue should jump about 30 percent from the year - ago quarter, when it reported a 2 percent drop in total trading revenue, according to Harte's estimates.

NEW YORK, April 11 When Wall Street's biggest banks report first - quarter earnings in the days ahead, investors should see a welcome resurgence in trading revenue growth thanks to the biggest jump in market volatility since President Donald Trump's election.

Still, an improvement will be a welcome change after trading revenue for those banks fell by 20 percent in the fourth quarter, 15 percent in the third quarter and 10 percent in the second quarter, according to Sandler O'Neill's Harte.

The broad surge in activity could translate into a 5 percent to 6 percent boost to trading revenue at the top five U.S. investment banks, analysts said.

Global fixed income trading revenue declined 11 pct last year, Coalition data shows.

While the smaller institutions are drying up along with the TSX Venture, it seems the big Canadian banks are doing just fine; replacing loss in trading revenue with wealth - management profits and investment banking.

OCC report finds a fall in FX and interest rates lowered banks» trading revenues, but they still performed better than in 2015

Goldman Sachs reported a nearly $ 2 billion quarterly loss in the quarter, due to a hit from the new tax law and a decline in trading revenue.

-LRB-...) Executives have warned that lackluster markets could lead to year - over-year declines in fixed - income, commodities and currency trading revenue when banks begin reporting fourth - quarter results next week.

Strength in Morgan Stanley's (MS) wealth management and investment banking businesses more than offset declines in bond - trading revenues, boosting its net income by 12 % versus last year.

Adding to the gloom, the U.S. earnings season has been especially discouraging for banks, which are struggling with the lowest trading revenue in years.

However, shares of Goldman Sachs (GS - Free Goldman Sachs Stock Report) traded lower, as investors may have some concerns about the investment bank's trading revenues.

For the five biggest Wall Street banks, trading revenues were only about $ 70 billion last year, down from nearly $ 100 billion in 2009.