The CEO of JP Morgan warned investors from the possibility of falling income for stock trading at 38%, referring to the end of the prostrate for Wall Street during the Corona crisis.
According to Arab Net, Jimmy Dimon pointed out that the revenues of the Securities trading sector in JPMorgan expect some $ 6 billion during the second quarter of this year, compared with the interview last year, while Bloomberg analysts expect to fall to 6.5 billion $.
On the other hand, the Chief Executive Officer of GB Morgan expect the rise in investment banking sector, thanks to the activity of acquisition and integration market, which could make the second quarter of the year one of the best classes in this activity at all.
