JPMorgan Disappoints: FICC Fail Drives First Profit Miss In 15 Quarters

Well, it doesn't look like Citi was a fluke. On Monday, some fretted when the bank turned inĀ grievous FICC results, which betrayed a 21% swan dive in the segment's trading revenue in Q4. That appeared to suggest that while volatility might have been a boon for some bank results early in 2018, last quarter might have been a different story. By the end of the day, Citi had recovered (and then some) but the question was what it presaged for bank results on the whole. Fast forward to Tuesday and

Join institutional investors, analysts and strategists from the world's largest banks: Subscribe today

View subscription options

Already have an account? log in

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

5 thoughts on “JPMorgan Disappoints: FICC Fail Drives First Profit Miss In 15 Quarters

  1. JPM falls all the way…to where it was on January 3. Something is seriously wrong. Believing in market valuations right now is like believing in witchcraft. Or a large orange monster with a horn on top of his head.

NEWSROOM crewneck & prints