JPMorgan Sees 20 percent Slide in 2Q Markets Revenue – JPM

In its 10-Q filing [via Bloomberg] for the first quarter with the Securities and Exchange Commission, JPMorgan (JPM) projects 2Q’14 fixed-income and equities trading revenue could be down by about 20% year-over-year. The world’s biggest investment bank by revenue points to a “a continued challenging environment and lower client activity levels”, as the reasons for […] View the full post at: JPMorgan Sees 20 percent Slide in 2Q Markets Revenue – JPM Related posts: Treasury Geithner Sees Encouraging Signs in Financial Markets Moody’s Sees a 70 percent Chance of Bankruptcy for Detroit’s Automakers JPMorgan to Record $1.1 bln TARP Repayment Charge