Banks' 2Q trading revenue up 30 percent
Story date: 2007-10-26 10:45:00
Added on: 2007-10-27 03:00:18
CNBC - ... losses in recent weeks, due to rising defaults in the mortgage markets, particularly mortgages given to consumers with weak credit. Banks' trading revenue of $6.2 billion was 30 percent higher than the year-earlier period, the OCC said, and second ...
Read more...
Related Stories:
-
Banks' 2Q Trading Revenue Up 30 Percent (AP via Yahoo! Finance)
Commercial banks generated trading revenue of $6.2 billion in the second quarter, a government agency said Friday, before the recent turmoil...
2007-10-26 10:29:29 -
Markets turn around on global rate cuts (Manila Standard Today)
EUROPEAN markets opened higher yesterday after a bruising start to the week and an infusion of cash by central banks. In the...
2008-10-09 08:58:44 -
Banks' trading profits dropped 84 percent in 1Q - Times and Democrat
WASHINGTON - U.S. banks' trading profits fell 84 percent in the first quarter as they continued to be slammed by losses on...
2008-07-04 09:45:00 -
Citigroup targeting 9 percent revenue growth - Seattle Times
Citigroup says it is aiming for 9 percent revenue growth as it looks to rebound from recent struggles tied to deterioration in...
2008-05-09 05:41:00 -
Wall Street credit, loan losses may crush revenue
Reuters - NEW YORK, Aug 29 (Reuters) - Mounting losses from exposure to mortgages and loans intended to fund buyouts will damage...
2007-08-29 10:50:00 -
Goldman earnings fall by half, yet beat views
Forbes - Revenue from fixed income trading did fall, but only by 5 percent. Record currencies and interest rate product trading, as...
2008-03-18 07:47:00 -
Bank of America 3Q profit falls 32 pct (AP via Yahoo! News)
Bank of America Corp., the nation's second-largest bank, said Thursday its profit fell 32 percent in the third quarter as trading...
2007-10-18 07:19:54 -
SI International Reports Financial Results for First Quarter FY08 - MSN MoneyCentral
Revenue for the first quarter of FY08 was $134.4 million, an increase of 18 percent over first quarter FY07 revenue of $113.7...
2008-04-29 04:41:00