JP Morgan had most profit-making trading days of top banks in Q3
Over the three months to end-September, most systemic US banks scored fewer winning trading days than in the prior quarter. But there was one big exception: JP Morgan.
The New York-based bank racked up 45 trading days on which a profit was made, its highest quarterly total since Q1 2019, and up from 37 in Q2.
In aggregate, the eight US systemic firms reported 294 profit-making days over Q3, around 37 each on average. This compares with 314 profit-making days in Q2 and 275 the year-ago quarter
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Risk Quantum
Risk management
Union beckons for the three quant tribes
Studies may be deferred, but future for grads is bright, argues UBS’s Gordon Lee
Receive this by email