Low Volatility Can’t Drag Down Banks’ Equities Trading – MoneyBeat

The biggest U.S. banks managed to post decent equity trading numbers despite placid markets that hammered fixed income businesses. id Wednesday that second-quarter equity-trading revenue reached $2.2 billion, up 7% from the prior quarter and slighter higher from the same period in 2016. That compares with fixed-income trading that dropped 28% from the prior quarter and […]