‘There Will Be Banker Blood’: Why JPM Is Afraid Of “Quiet Trading Floors”

After 30 years of dramatically outperforming Main Street, Wall Street wages may be set for some mean-reversion as JPMorgan analysts take an ax to the biggest global investment banks’ earnings. As Bloomberg reports, “quiet trading floors” are set to depress global investment banks’ second-quarter revenue 24 percent, with weakness across equities, interest rates, currencies, with a regionally-driven weakness from Asia.

While equity trading volume declines are well known, FX trading volumes are tumbling…

20160519_banker2

http://www.silverdoctors.com/headlines/finance-news/there-will-be-banker-blood-why-jpm-is-afraid-of-quiet-trading-floors/?utm_source=twitterfeed&utm_medium=twitter&utm_campaign=Feed%3A+Silverdoctors+%28SilverDoctors%29

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s