Similar Stories to Jpmorgan’s Trading Slump Is Even Worse Than Dimon Warned on Bing News

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:
  • Jamie Dimon says inflation is worse than people think, and that the market is too optimistic about a soft landing
    Inflation may be higher for longer than people think, JPMorgan CEO Jamie Dimon told Bloomberg TV. Markets are too optimistic about inflation, interest rates, and the US economy, Dimon said. He added ...
    05/16/2024 - 6:09 am | View Link
  • JPMorgan's Jamie Dimon says US needs to act on its deficit
    JPMorgan Chase CEO Jamie Dimon on Wednesday repeated his warning that the U.S. needs to get its fiscal house in order before the nation's budget shortfalls result in a crisis. "America spent a lot ...
    05/15/2024 - 6:27 am | View Link
  • JPMorgan CEO Dimon favors full engagement with China, Sky News reports
    May 15 (Reuters) - The U.S. government is doing the right thing by fully engaging with China, JPMorgan Chase (JPM.N) , opens new tab CEO Jamie Dimon said in an interview , opens new tab with Sky ...
    05/15/2024 - 1:12 am | View Link
  • 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
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