Trading rooms are depressingly quiet

Quiet trading floors are set to depress global investment banks’ second-quarter revenue 24%, with the underwriting and equities businesses facing the biggest drops, according to analysts at JPMorgan Chase & Co.

The 'controversial' fare Facebook is feeding you

Perhaps the most important stat from Facebook's last earnings report - even more so than the 1.39 billion monthly active users on the social network - was this one: Of the company's $3-billion-plus in advertising revenue, 69 percent came from mobile ads, double the previous year.

JPMorgan and Citi on the increase

Citi Building Sign

JPMorgan Chase and Citi saw their share of investment banking revenue increase more than any of their peers in the first nine months of the year, new research showed on Thursday.