JPMorgan third-quarter earnings beat forecasts as a rebound in global markets lifted the bank’s trading revenue by 32%

Mario Tama/Getty JPMorgan Chase reported third-quarter earnings Tuesday that beat forecasts, thanks to strong gains in the bank’s equity markets division that reaped the reward of the rebound in global markets. Investment-banking revenue rose 12%, fixed-income markets revenue rose 29%, and revenue from equity markets rose 32% in the […]

The New Digital Thundering Herd

Wall Street Bull Moment Editorial/Getty Images We often hear advice to avoid herd mentality, but when it comes to Merrill Lynch’s approach to technology and wealth management, it’s time to follow the thundering herd. Some 85% of Merrill Lynch’s clients in its 10 million plus cohort are digital adopters. That […]