Charging Bull statue will be seen in the financial district on December 16, 2020 as snowfall in New York, United States.
Tayfun Coskun | Anadolu Agency | Getty Images
Even within Wall Street, there are many things you need to do.
Banks have just completed results for the last three months of 2020, and the gap in lucrative trading fees earned at Wall Street’s Big Three – JPMorgan Chase, Goldman Sachs and Morgan Stanley – and the rest of the world’s capital market players has never been bigger .
While the top three players outperformed equities and bonds in the quarter by nearly $ 1 billion in expectations, the companies’ earnings fell, while others performed less well. Bank of America’s fixed income traders, for example, generated $ 370 million less than expected, and Citigroup’s bond traders are in line with expectations.