How Important Is Trading Revenue to JPMorgan Chase?
With second-quarter bank earnings in the rear-view mirror, it's time for investors to start looking ahead to October, when they will report third-quarter earnings.
This is especially true for those who are shareholders in large universal banks like JPMorgan Chase (NYSE: JPM), which could see their revenues and earnings suffer from another quarter of lagging trading results.
With this in mind, it's worth examining how much of the New York City-based bank's revenue and earnings come from the purchase and sale of securities to institutional investors.
Source: Fool.com
Goldman Sachs Group Inc. Aktie
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