FICC Projections Revised Down

22 May 2012

JPMorgan Chase analysts have revised downward its forecast for revenue from fixed income, fx and commodities at some of the world’s largest banks to USD15 billion in the second quarter, a 32% from the previous three-month period.

JPMorgan Chase analysts have revised downward its forecast for revenue from fixed income, fx and commodities at some of the world’s largest banks to USD15 billion in the second quarter, a 32% from the previous three-month period. The analysts originally projected a decline of 20% to 25%, but ...

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