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Commodity-Related Income Has Plunged At Large Banks
Tuesday, May 24, 2016 - 2:26pm | 270Read More...According to a report by Bloomberg, commodity-related revenue at the largest banks, including Goldman Sachs Group Inc (NYSE: GS), JPMorgan Chase & Co. (NYSE: JPM) and others, have plunged by a combined 40 percent year-over-year in the first three months of 2016. Bloomberg cited data from...
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G7 Can Do More For Yen
Wednesday, March 23, 2011 - 4:38am | 497Read More...One of the casualties of the Japan earthquake and tsunami was Yen, Japan's currency. Rather than tanking because of the extra liquidity Bank of Japan provided for the market, Yen surged against all other currencies instead. In this case, traders followed the same playbook for the 1995 Kobe quake...
