(Bloomberg) JPMorgan Chase & Co. said revenue from its trading businesses has dropped 15 percent so far in the second quarter from the same period a year ago because of low market volatility.
Fixed-income trading is down for the first two months of the period and equities are up “slightly,” Chief Financial Officer Marianne Lake said Wednesday at an investor conference in New York. Lake said she doesn’t see any particular reason those trends would change in June.
