Trading

The end of 2018 proved to be a rough one for Wall Street. Goldman Sachs just showed how bad it got.

JPMorgan Chase gained some of the biggest shares in both fixed-income and equities trading last year, solidifying its leadership in one and nearing the top in the other.

Not a bad day at the office.

Trading revenue has been disappointing for banks in the fourth quarter as markets churned, and some banks could be hit more than others.

As a turbulent December in equity markets draws to a close, there’s one thing traders and investors can agree on: these are not usual times, especially for this time of year.

Deutsche Bank is tightening its rules on how employees can trade with their own money, according to people familiar with the matter.

Credit Suisse defended its global markets trading arm on Thursday, even as losses at the division took the shine off a jump in quarterly profit as the bank wraps up a three-year revamp under Chief Executive Tidjane Thiam.

The three British currency traders who were part of an exclusive online chat group referred to by members as “the cartel” go on trial this week for alleged market manipulation that’s already cost global banks $14 billion in penalties.

J.P. Morgan Chase said that third-quarter trading revenue is headed for a mid-single-digit decline because of the impact of the corporate tax overhaul.

Jim Esposito will be charged with helping the firm — once Wall Street's most profitable trading house — regain some of its former glory.