| 03.12.2009 - JPMorgan derivatives revenue may drop by $3 bln |
| From Bloomberg: Revenue at JPMorgan Chase & Co., the second-largest U.S. bank, may drop by as much as $3 billion should most derivatives trades be moved to exchanges, a Sanford C. Bernstein & Co. analyst said. That could mean a reduction in earnings per share of up to 20 cents in a “worst case” situation, analyst John McDonald said today in a research note after meeting Steven Black, vice chairman of the investment bank................................Full Article: Source |