Equity Market Volatility Fuels Record-Breaking Revenue Surge for Top Wall Street Banks

Posted on by http://wealthcreation.club
The volatility in equity markets is generating a surge in revenue for banks’ equities operations, according to a media report.

JPMorgan Chase’s (NYSE:JPM) equity trading revenue is on pace to climb more than 30% this quarter from a year ago, Bloomberg News reported on Tuesday, citing people with knowledge of the matter. If the trajectory holds, it could top the firm’s $3.3B record set four years ago.

Goldman Sachs (NYSE:GS) and Morgan Stanley (NYSE:MS), which typically battle for the No. 1 rank in stock trading, could pull in even more. Goldman Sachs’s (NYSE:GS) equities unit is also outpacing last year’s performance, when it generated $3.3B in the first three months of the year, Bloomberg reported.

Discover how we can elevate your portfolio and deliver exceptional growth. NEW Monthly Payout Of At Least 0.5% In US Dollars

Contact Us: bit.ly/Alpha-Binwani-Capital

Website: alphabinwanicapital.com

Facebook Group: bit.ly/AlgoFBGroup

#EquityMarkets #BankingRevenue #MarketVolatility #FinancialServices #InvestmentTrends
Unknown's avatar

Published by http://wealthcreation.club

http://wealthcreation.club—We are educating regular people about how to be able to make more money in a disciplined way

Leave a comment