From Bloomberg: Wall Street banks’ equities-trading units aren’t getting
much relief from the strongest stock rally since 2009, as sinking volume and
already thin margins threaten to make their annual performance the worst in six
years. Third-quarter equities-trading
revenue probably fell 14 percent from the same period in 2011, the fifth
straight drop of more than 8 percent, according to estimates by Kian Abouhossein,
a JPMorgan Chase & Co. analyst. .
More? If you can strand it check out http://www.bloomberg.com/news/2012-10-02/wall-street-equities-traders-face-worst-year-since-2006.html
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