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

|By:, SA News Editor

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.