Reuters/Russell CheyneThe narrative for Wall Street bank performance is pretty well established at this point. January and February were awful. March was a bit better, but first-quarter results were still lousy. April seems to have been more like March than February, with an improvement in trading conditions, a reopening of the capital markets, and a resurgence in mergers-and-acquisitions activity. That now has Wall Street on a knife edge.
The Brutal Cull On Wall Street (probably) Isn't Finished
feedback@businessinsider.com (Business Insider), Business Insider
Sat, 04/30/2016 - 7:11am
Topics: reuters/russell cheynethe ok-ish january/february-type marcus schenck deutsche bank james gorman ceo harvey schwartz watch story of goldman sachs wall street january february april march i cfo morgan stanley goldman sachs watch cuts months job cost year banks revenue control lot call shareholders performance expenses markets workers market stay expect measures
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