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>> JAMIE DIMON Latest News

MAR 04, 2014 - Zero Hedge

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"More Bloodletting" As Citi/JPM See Plunge In Trading Volumes

Jefferies, Deutsche Bank, and now Citi and JPMorgan are all facing a collapse in trading volumes as Bloomberg reports the two banks brace for a fourth straight drop in first-quarter trading revenues - a period of the year when the largest investment banks typically earn the most from that business. “It sounds like more bloodletting on Wall Street,” warns one analyst, as Citi expects trading revenue to drop by a “high mid-teens” percentage.   Via Bloomberg, Citigroup finance chief John Gerspach said yesterday his firm expects trading revenue to drop by a ... Read More

Tags: "More Bloodletting" As Citi/JPM See Plunge In Trading Volumes,  Jamie Dimon Latest News