Bankers Expect Weak Profit Performance in the Future
September 14, 2011 at 10:21 AM EDT
The big bankers are projecting more bad news for their third quarter performance. A discussion of this can be found in the New York Times article “Banks Brace for a Season of Fall-Offs”. In what is taken as a reflection of the industry, JPMorgan Chase (JPM) “warned that third-quarter trading revenue was likely to fall [...]