Wall Street slumped on Thursday after two of the largest banks, JPMorgan Chase and Citigroup, reported that trading had fallen during the third quarter. JPMorgan, the largest US bank, saw a huge 27-percent drop in bond trading revenue, to $3.1 billion, compared to the same period last year. That’s even worse than a slump of...

Topics:  wall street   jpmorgan chase   citigroup   trading   slump   worse   largest   
BING NEWS:
  • Stocks risk a wild week with Big Tech earnings, Fed’s faceoff with inflation
    While stocks may be shaking off a sharp jump in benchmark U.S. bond yields over the past two months, recent market volatility reflects rising concerns about a potential slowdown in corporate earnings ...
    04/28/2024 - 1:51 pm | View Link
  • JPMorgan CEO Jamie Dimon reveals he has ‘PTSD’ from ‘near death’ heart surgery: ‘I knew it was 50/50’
    JPMorgan Chase CEO Jamie Dimon admitted that he has “PTSD” from a “near death” heart surgery that took place in 2020. “When I was being wheeled in the operating room for the dissection ...
    04/26/2024 - 5:43 am | View Link
  • Jamie Dimon Has a Rival in Tech: Silicon Valley Bank
    Paul J. Davies is a Bloomberg Opinion columnist covering banking and finance. Previously, he was a reporter for the Wall Street Journal and the Financial Times. Since Silicon Valley Bank became ...
    04/23/2024 - 1:00 pm | View Link
  • Jamie Dimon rakes in more than $180M from planned sale of JPMorgan stock
    JPMorgan Chase CEO Jamie Dimon has sold about $33 million of his shares in the bank, a regulatory filing showed on Monday, completing a previously disclosed plan to sell 1 million shares.
    04/15/2024 - 1:14 pm | View Link
  • JPMorgan Chase & Co.: Here We Go Again
    Jamie Dimon, CEO, has long had his doubts about the economy and for good reason. Economics has a very weak underlying foundational assumption that man is a rational human being. The general ...
    04/12/2024 - 7:54 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News