Reported about 24 hours ago
JPMorgan Chase & Co. is expected to see a more than 30% rise in equities trading revenue this quarter, potentially surpassing its previous record, thanks to market volatility triggered by President Trump’s unexpected policy announcements. While JPMorgan thrives, major hedge funds struggle with losses amidst uncertainty, highlighting a shift in trading strategies for banks since the 2008 financial crisis. The shifting dynamics in the market show a stark contrast between the gains of major banks and the challenges faced by multistrategy hedge funds.
Source: YAHOO