Currencies shine in Q3
JP Morgan reported a 19% increase in revenues from fixed-income markets in the third quarter of this year, at $815 million versus the same period last year.
The bank highlighted record results in rates and currencies, and strong performance in credit trading, emerging markets and commodities, as drivers of growth. Additionally, gains of $343 million were made from the US bank's widening credit spread on certain structured liabilities.
Largely offsetting these results were mortgage-related net
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