Tag: bond trading

Activity, Corporate Banking

Goldman Sachs wallops profit estimates on stronger-than-expected bond trading

October 14, 2020


Goldman Sachs on Wednesday posted third-quarter results that crushed analysts’ profit estimates on stronger-than-expected results in bond trading and asset management. The firm generated $3.62 billion in profit, or a record $9.68 a share, exceeding the $5.57 per share estimate […]

Capital and Risk, Liquidity

Long-term Treasury yields move higher as traders make room for record auctions

August 10, 2020

Via: Market Watch

Long-term U.S. Treasury yields rose on Monday as traders made room for this week’s record auctions of government bonds, which will finance the response to the COVID-19 pandemic. What are Treasurys doing? The 10-year Treasury note yield TMUBMUSD10Y, 0.579% rose […]

Activity, Capital and Risk, Corporate Banking, Liquidity

Citigroup misses revenue expectations on much weaker-than-expected bond trading

January 14, 2019


Citigroup posted fourth-quarter revenue that missed analysts’ estimates by a half-billion dollars as bond trading declined amid a difficult December for markets. The bank said fixed-income revenue dropped 21 percent to $1.94 billion from a year earlier as trading conditions […]

Capital and Risk, Macroeconomic

US Economy Starts Second Quarter on Solid Footing

May 17, 2018


Encouraging data on U.S. consumers and businesses suggest that GDP growth is on pace for a rebound in Q2 after a shaky and quirky Q1. Continued optimism among consumers, solid job growth, and low unemployment form the basis of our […]

Activity, Trading

Citigroup Joins JPMorgan in Grappling With Bond-Trading Revenue Plunge

October 12, 2017

Via: TheStreet

Citigroup Inc. (C – Get Report) , the Wall Street bank, said third-quarter profit rose 8% from a year earlier, as gains on a sale of a fixed-income analytics business helped make up for a plunge in bond-trading revenue. Earnings […]

Activity, Trading

Bank of America Beats Estimates as Bond-Trading Surge Matches Rivals

April 18, 2017

Via: TheStreet

Bank of America (BAC)  posted higher quarterly profit than analysts estimated as bond-trading revenue surged during the early months of Donald Trump’s presidency and investors sought to protect their wealth from turmoil in the European Union. Profit of 41 cents […]

Activity, Trading

Wall Street’s Embattled Bond Traders Due for Revenue Rebound

October 13, 2016

Via: TheStreet

Bond trading, that juggernaut of Wall Street revenue and bonuses, is back. Sort of. The largest U.S. banks, led by JPMorgan Chase (JPM) on Friday, probably will report a 23% jump in third-quarter revenue from trading bonds, currencies and commodities, […]