Well, wonder no more! Jes Staley presented a breakdown at their investor day earlier this week.
It’s pretty interesting reading but don’t assume that this is the full story. As pointed out by Bloomberg here “The bank’s description of high-volume products didn’t account for all of its trading revenue. JPMorgan reported an average of $3.8 billion from trading in fixed-income products, currencies and commodities, and $1.2 billion from equities over the last four quarters. The product revenue listed in the presentation totaled $2.3 billion in fixed-income and $675 million in equities.”
More comment here and here. Full presentation is here.
Filed under: FX, OTC, Scott McLeod |
Scott,
Great post! The investor presentations are excellent, and lots of great slides that offer real insight into the business, and how it’s being re-positioned.
Also, here is a post we did showing FICC profits of top banks: https://singledealerplatforms.org/2011/11/09/ficc-profits-of-top-tier-banks/
Paul
Reblogged this on The OTC Space and commented:
Really interesting chart – profit by product line. $12,000 per IRS, nice.
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