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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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Cogito Ergo Sum
To: ggersh who wrote (2185)3/25/2019 1:06:45 PM
From: Elroy Jetson1 Recommendation  Read Replies (1) of 13780
 
The four major trading banks have all been highlighting their huge decline in trading volumes.
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Pammy Martins completely missed this until she read the recent OCC report. How is this even possible? Perhaps she lives on the Moon?

Decline of big bank bond-trading - axios.com - January 18, 1019

J.P. Morgan's fixed income trading desk had the worst quarter since 2008.
Citi's bond-trading revenue hit a 7-year low.
Goldman Sachs' bond trading business slumped 18%.
Morgan Stanley fared the worst: its fixed income business plunged 30% from a year earlier.

JP Morgan says first-quarter trading revenue to drop significantly - cnbc.com

Deutsche Bank Vows to Reverse Revenue Slump - bloomberg.com

Deutsche Bank’s Prized Hedge Fund Unit in Downward Spiral - bloomberg.com - The slump was a major contributor to Deutsche Bank’s loss of about $750 million in its equity trading division last year

Citi is expecting trading to fall in the 'high single-digits' in the first quarter - businessinsider.com

Goldman Sachs further shrinks commodities trading - kitco.com
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