Trading incomes drop at world's biggest banks

摘要

Trading income at some of the world's biggest banks dropped substantially in 2011. In last year's Top 1000,11 banks made trading income of more than $7bn. This time, the figure is just five. Morgan Stanley and JPMorgan were two of the few banks to buck the trend. The former saw its trading income rise 28% to $13.3bn, making it the world's most profitable bank by that measure. JPMorgan made trading income of $10.9bn, up 16% from the year before.