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A surge in market volatility following the Japan earthquake and a jump in oil prices may not be...

A surge in market volatility following the Japan earthquake and a jump in oil prices may not be enough to keep investment banking and trading revenue from falling for a fourth straight quarter. Analysts are lowering Q1 earnings estimates at big banks, saying trading revenue won’t rebound as much as they had expected from a weak Q4, fueling speculation about a prolonged decline.
Comments (1)
  • herbert hoover
    , contributor
    Comments (2005) | Send Message
     
    The only volume is the banks selling to each other. Everyone else has gone from the casino. Would the last bank out please turn off the lights?
    4 Apr 2011, 03:54 PM Reply Like
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